Stocks fell on Thursday, giving back some of the gains from the previous session, as traders weighed the latest quarterly results from Walmart and monitored simmering tensions between the U.S. and Iran.
The Dow Jones Industrial Average sank below 83.85 points to 49,578.81.
The S&P 500 moved down 9.66 points to 6,871.65.
The NASDAQ ditched 26.22 points to 22,727.42.
Walmart shares were more than 1% higher after the company’s fourth-quarter results exceeded analyst expectations. However, its full-year
earnings outlook fell short.
Prices for the 10-year Treasury slid, bringing yields up to 4.09% from Wednesday’s 4.07%. Treasury prices and yields move in opposite directions.
Oil prices regained $1.20 Wednesday to $66.39 U.S. a barrel.
Gold prices gained $16.00 to $5,025.50 U.S. an ounce.
