Walmart slid more than 4% despite topping sales expectations in its latest quarter, after the retail giant posted a rare earnings miss—its first since May 2022.

The bill bases its language on the federal budget reconciliation bill passed and signed into law by President Donald Trump in July.

Walmart drops after earnings miss, Meta weakens, and traders stay cautious ahead of Powell’s Jackson Hole speech. US stocks drift lower across key indices.

Fed Rate Cut odds for September 2025 crash to 34% as Hammack warns inflation and housing risks clash. Will the Federal Reserve wait or October next?