Walmart Forecasts Trigger Stock and Crypto Declines

U.S. stocks experienced a significant downturn as Walmart's underwhelming 2025 sales and profit forecasts fueled concerns about consumer spending and economic stability. Walmart's stock plummeted over 6%, impacting major indices like the Dow and S&P 500, as investors reacted to the retailer's cautious outlook amid looming tariffs and consumer behavior uncertainties. The guidance suggested potential challenges due to rising prices and high borrowing costs affecting consumer spending, despite Walmart's strong 2024 performance and its strategy to capitalize on low-price offerings. This sentiment extended to the cryptocurrency market, with significant trading volume increases and price declines in Bitcoin and Ethereum following the news. Analysts expressed concern about Walmart's ability to navigate the economic landscape but noted its historical resilience in managing tariff impacts.