Walmart, GM drag stocks lower as Fed kicks off meeting

  • Walmart, GM drag stocks lower as Fed kicks off meeting

    U.S. stocks fell across the board pressured by Walmart, which cut its profit outlook due to inflation and General Motors, which saw profits sink tied to the supply chain crisis. This as the Federal Reserve begins its two-day meeting. In commodities, oil rose 1% to the $98 per barrel level.

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