Home » News » US Stock Market Stabilizes After Previous Losses; Walmart’s Quarterly Results Highlight Strong Consumer Spending, says Analyst Edward Moya

US Stock Market Stabilizes After Previous Losses; Walmart’s Quarterly Results Highlight Strong Consumer Spending, says Analyst Edward Moya

After losses the day before, the US stock exchanges should stabilize at the start of trading on Thursday. At the same time, US government bonds are under pressure on the bond market and yields are rising. On the company side, the focus is primarily on the retail giant Walmart, whose quarterly results make it clear that US consumers are still willing to spend money, as market analyst Edward Moya from broker Oanda summarizes.

2023-08-17 12:55:02


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