US stock futures barely moved after the major indexes slumped following a weak earnings outlook from retail giant Walmart (WMT) during market hours.
The weak earnings results and a slump in the major gauges leave the weekend uncertain as futures hug the flatline, with President Donald Trump's tariffs continuing to leave retailers and consumers stumped by what will be impacted in the coming months. Walmart's warning on its 2025 outlook sparked a broad market downturn on Thursday, and the company cited tariff uncertainty as one factor. The ongoing trade tensions are casting a shadow over consumer confidence, with retailers like Walmart struggling to navigate the complex landscape.
- This bout of weakness in major futures might signal a broader selloff if investors become increasingly concerned about the potential impact of tariffs on consumer spending.
- How will the unfolding trade saga affect the economic outlook for small businesses and low-income households that are most vulnerable to price hikes?