• Stocks slide after economic warnings from Walmart, Home Depot
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    Stocks slide after economic warnings from Walmart, Home Depot

    U.S. stocks plunged Tuesday as the prospect of greater-for-extended desire prices and letdowns from significant-box retailers dampened the temper on Wall Avenue to commence a fast paced vacation-shortened 7 days. The U.S. stock and bond markets were closed on Monday for Presidents Day. The S&P 500 (^GSPC) nosedived 2{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}, falling underneath the key 4,000 stage, although the Dow Jones Industrial Typical (^DJI) drop almost 700 points, or 2.1{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}. The technological innovation-major Nasdaq Composite (^IXIC) tanked 2.5{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}. Traders evaluated quarterly financials from Walmart (WMT) and the Household Depot (High definition) for updates on the wellbeing of the U.S. consumer, which has so much remained resilient in the facial area of stubbornly…

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