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European Shares Seen Opening Lower After Walmart Warning

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

European stocks may open flat to slightly lower on Tuesday after a profit warning from top U.S. retailer Walmart provided further evidence of a consumer spending pullback.

Walmart fell nearly 10 percent in after-hours trading after issuing its second profit warning in 10 weeks. Shares of rivals including Target, Costco and Home Depot also fell amid signs that Americans are reigning in spending amid surging inflation.

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Global Economics Weekly Update -April 05 – April 10, 2026

April 10, 2026 16:21 ET
Inflation data from the U.S. was the main data event this week as the conflict in the Middle East continue. The minutes of the latest Fed policy session and the survey data on the services sector also made headlines. In Europe, manufacturing orders data from Germany was in focus. Price data from China drew attention in Asia.