Stocks Fall on Wal-Mart Weak Feb Sales Comments
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Price: $111.84 +2.78%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.2%
EPS Growth %: +8.8%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.2%
EPS Growth %: +8.8%
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Markets weaken Friday afternoon following comments from Wal-Mart Stores (NYSE: WMT) VP who said February sales are a "total disaster."
While the knee-jerk is lower, the comments could actually be a bullish sign for the economy given that Wal-Mart caters to lower-income.
The Dow is down 34, S&P 500 is down 3, Nasdaq is down 5.
While the knee-jerk is lower, the comments could actually be a bullish sign for the economy given that Wal-Mart caters to lower-income.
The Dow is down 34, S&P 500 is down 3, Nasdaq is down 5.
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