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The Dow traded down 0.10% to 49,957.07 while the NASDAQ dipped 0.32% to 26,185.92.
Walmart shares fell 7% after reaffirming full-year guidance below Wall Street expectations.
KEY POINTS
- Walmart's first-quarter revenue was $177.8 billion, exceeding consensus estimates of $175.0 billion.
- Utilities stocks rose 0.8% while consumer staples stocks declined 1.7% during Thursday’s trading.
- Oil prices surged 2.7% to $100.89, while gold dropped 0.8% to $4,500.40.
COMPANIES
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