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Wall Street slips as bond yields rebound and Walmart misses sales

The Dow fell 0.1% at the open and Walmart disappointed investors after missing a sales target, helping weigh on sentiment.

Reported · Written up by our desk · Equities

Wall Street edged lower on Thursday, with a rebound in government bond yields pressuring investor sentiment, according to LiveMint Markets and Reuters.

At the open, the Dow Jones Industrial Average fell 81.8 points, or 0.15%, to 53,381.22, while the S&P 500 dropped 17.5 points, or 0.23%, to 7,690.49, and the Nasdaq Composite declined 119.6 points, or 0.45%, to 26,211.52.

Reuters also noted the decline was reinforced by retail giant Walmart missing a sales target, adding to the market's cautious tone.

Latest closeS&P 500 7,785.76 ▼0.2%|Nasdaq Comp. 26,729.16 ▼0.3%|Dow Jones 53,732.41 ▼0.2%

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