Walmart Falls 9% as High Gas Prices Squeeze Shoppers
Walmart beat earnings and raised guidance, but its 9% plunge exposed a bigger concern: shoppers are pulling back as high gas prices pressure household budgets. With Brent near $94, Treasury yields rising, and a major Iran policy announcement coming Monday, the consumer is becoming one of the market’s most important signals.
Hormuz Attacks Lift Oil and Gold as Stocks Near Records
Attacks around the Strait of Hormuz are keeping pressure on oil while gold holds near $4,400 and U.S. stocks remain just below record territory. See why markets are staying relatively calm—and what retail earnings and Fed minutes could change this week.