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Dow falls 600 points as inflation and tariff fears hit Main Street

The article from CNN Business discusses the performance of US stocks, focusing on Walmart's outlook. Walmart reported a strong quarterly performance, surpassing Wall Street expectations with a significant increase in both online and in-store sales. The company's earnings per share and revenue figures were notably higher than anticipated, driven by robust consumer spending during the holiday season. Walmart also provided an optimistic outlook for the upcoming fiscal year, citing continued growth in e-commerce, improvements in supply chain efficiency, and expansion in its advertising business. This positive news led to a surge in Walmart's stock price in pre-market trading. However, the broader market showed mixed reactions, with concerns about inflation and potential interest rate hikes influencing investor sentiment. The article also touches on other market movers, including tech stocks and economic indicators, but Walmart's performance was a key highlight.

Read the Full CNN Article at:
[ https://www.cnn.com/2025/02/20/investing/us-stocks-walmart-outlook/index.html ]