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Google Business NewsFeb 21, 2018
World Shares Mixed After Wall Street Sell-Off, Focus on Fed - U.S. News & World Report

U.S. News & World Report


People are reflected on an electronic stock indicator of a securities firm in Tokyo, Wednesday, Feb. 21, 2018. Shares were higher in Asia on Wednesday, supported by rosy manufacturing data from Japan. The gains came despite losses on Wall Street, where


Google Business NewsFeb 20, 2018
Walmart shares fall 10% as online sales slow - BBC News

BBC News


Walmart shares suffered their biggest percentage fall for more than three decades on Tuesday after reporting disappointing online sales figures for the Christmas period. Online sales were 23% higher in the three months to December. However, that was
Walmart's online sales growth slips, rattling investorsUSA TODAY


USA Today MoneyFeb 20, 2018
Amazon CEO Jeff Bezos shares video of 10,000-year clock project
He invested $42 million in the project.       

MarketWatch MarketPulseFeb 20, 2018
Walmart's stock marks worst daily point drop in its history as a publicly traded entity
Shares of Walmart Inc. on Tuesday got walloped, with the retailing giant notching its worst dollar decline of all time, according to FactSet data. The world's largest retailer saw heavy selling pressure, down 10.2%, or $10.67, after it said online sales growth slowed during the fourth quarter (The percentage decline represented its steepest one-day drop since Jan.8, 1988 when it dropped by 10.3%) That marks a turn from three quarters of strong online growth, for the Bentonville, Ark.-based company as it attempts to wage war against rival and retailing behemoth Amazon.com Inc. . Walmart has been a publicly traded company since the early 1970s. On the upside, Walmart reported that sales in existing stores rose 2.6% in the fourth quarter, representing its 14th consecutive quarter of growth. Walmart's decline weighed on the broader market, yanking the Dow Jones Industrial Average , where it is a component, down by about 70 points, while the S&P 500 index's consumer-staples sector, as measured by the Consumer Staples Select Sector SPDR ETF , also got whacked, with declines there weighing on the broad-market S&P 500. Nearly all the components of the XLP, referring to its ticker, ended in negative territory. The Dow closed the session down 254 points, or 1%, at 24,964, the S&P 500 index settled off 0.6% at 2,716, while the technology-laden Nasdaq Composite Index finished near flat, off less than 0.1%, at 7,234.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



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Walmart's stock exacts more than 70-point toll from Dow industrials in late trade (MarketWatch MarketPulse)

Google Business NewsFeb 20, 2018
Stocks fall as Walmart shares plunge the most in 30 years - Los Angeles Times

Los Angeles Times


Traders work on the floor of the New York Stock Exchange. (Bryan R. Smith / AFP/Getty Images). The biggest drop in Walmart's stock in 30 years and losses in other sectors pulled U.S. indexes lower Tuesday, snapping a six-day winning streak. The losses
Dow slips back below 25000 as losses accelerate

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