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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