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Weekly Market Update: February 24, 2025
02/24/25
Stocks Decline on Disappointing Economic Data
U.S. stocks declined last week after a cut to Walmart’s revenue outlook, disappointing economic data, and lingering concerns about the path of inflation. Walmart exceeded expectations for fourth-quarter earnings and revenue but fell short with its 2025 revenue forecast, triggering a selloff. Economic data focused on the housing market and revealed disappointing results in both production and sales. Short-term and long-term consumer inflation expectations surged in February.
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This article contains general information only. Sunflower Bank, N.A. is not, by means of this article, rendering accounting, financial, investment, legal, tax, or other professional advice or services. It is not meant as a substitute for such professional advice or services. Before making any decisions related to these matters, you should consult a qualified professional advisor. Investment and insurance products are not FDIC-insured, are not a deposit or other obligation of, or guaranteed by the bank or an affiliate of the bank, are not insured by any federal government agency and are subject to investment risks, including possible loss of the principal amount invested.