New Delhi, Aug. 22 -- Wall Street fell to a fifth straight loss on Thursday, hurt by a drop for Walmart and dampened hopes for coming cuts to interest rates.
The S&P 500 slipped 0.4%. All its losses have been relatively modest, but it has not risen since setting an all-time high last Thursday. The Dow Jones Industrial Average dropped 152 points, or 0.3%, and the Nasdaq composite fell 0.3%.
Walmart was one of the market's heaviest weights and dropped 4.5% after reporting a profit for the spring that came up short of analysts' expectations, while Nvidia and other Big Tech stocks held a bit steadier following two days of sharp swings.
The moves were stronger in the bond market, where Treasury yields rose after a report forced Wall Street ...
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