US initial jobless claims fall by 1,000 to 206,000
Initial jobless claims fell by 1,000 to 206,000, broadly aligned with expectations for 205,000. The prior week’s reading was revised upward by 1,000 to 207,000.
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Walmart Q2 outlook signals cautious consumer spending
Walmart reported Q2 EPS of $0.81 versus $0.74 consensus and Q2 revenue of $187.9B versus $186.62B consensus, while guiding Q3 EPS to $0.62-$0.64 versus $0.68 consensus.