Walmart results to shed light on consumer health


— Bloomberg

NEW YORK: Walmart’s quarterly report this week will give investors fresh insight into the health of US consumers, who are facing stronger inflation and uncertainty over whether president Donald Trump’s tariffs will push up prices.

The benchmark S&P 500 stock index was up about 1% for last week, with stocks showing resilience despite a hot report on consumer prices that led investors to push back expectations of further interest rate cuts this year.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Walmart , consumer , spending , S&P500

Next In Business News

Stocks dip and oil climbs as Trump ramps up Iran threats
Ringgit opens higher vs US$ amid geopolitical tensions
FBM KLCI lift slightly amid higher crude oil prices
Trading ideas: Nestle, MISC, IHH, Atlan, FBG, Bina Puri, Jentayu, Cape EMS
Hap Seng Plantations 4Q earnings likely to be strong
UK budget ‘headroom’ a harmful obsession
Bursa Malaysia extends gains to close higher
Inflation expected to remain manageable
Atlan subsidiary ceases duty-free business�in JB
Sarawak Plantation eyes steady recovery

Others Also Read