In This Article:
As US stocks (^DJI, ^GSPC, ^IXIC) pull back, Yahoo Finance host Madison Mills breaks down the top stories on Wall Street as part of today's Market Minute.
Walmart's (WMT) weak sales outlook sparked investor worries about retailers, sending consumer discretionary stocks (XLY) like Target (TGT) and Costco (COST) lower.
Shake Shack (SHAK) shares gained after the restaurant reported quarterly results.
Amazon (AMZN) and MGM Studios gain creative control of the "James Bond" franchise.
Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute.
This post was written by Naomi Buchanan.
It's time for Yahoo! Finance's Market Minute. U.S. stocks sliding as investors scrutinize Walmart's outlook and assess the impact of President Trump's planned tariffs and potential policy shifts. Retail giants Costco and Target under pressure following Walmart's downbeat forecast, while the consumer discretionary sector is among the biggest laggards of today's session. Turning to Shake Shack, those shares rising as the company points to a better-than-feared start to the year, noting comparable sales grew in January despite traffic headwinds due to tough weather and those LA wildfires. Lastly, Amazon MGM Studios announcing a new joint venture with Michael G. Wilson and Barbara Broccoli. Under the terms of that new venture, Amazon MGM Studios will be gaining creative control of the James Bond franchise. And that is your Yahoo! Finance Market Minute. For more on what's trending on Yahoo! Finance, scan the QR code below, where you can track the best and worst performing stocks of this session.