Walmart's Earnings Boost Market, Dow Jones Futures Fall on Jobless Claims
TL;DR Summary
Stocks were mixed as investors await updates on the debt ceiling debate and Walmart's quarterly earnings report showed resilience from the American consumer. The S&P 500 rose slightly, while the Dow Jones Industrial Average lost points and the Nasdaq Composite was up. Weekly jobless claims came in lower than expected, and existing home sales declined in April. Investors are closely following hints regarding the Federal Reserve's next decision on interest rates.
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