Asian stocks fall as US rally takes a breather: Markets wrap

Asian stocks fall as US rally takes a breather: Markets wrap

Stocks in Asia declined after a rally on Wall Street halted within striking distance of its all-time highs.Shares fell in Japan, Australia and South Korea, after the US benchmark edged lower to end an eight-day winning streak. Chinese shares may decline after the Nasdaq Golden Dragon China Index fell 4.1% on Tuesday. Walmart Inc. is … Read more

Walmart posts biggest growth in online sales, while physical sales rise by 9.3 percent

Walmart posts biggest growth in online sales, while physical sales rise by 9.3 percent

Walmart Inc posted its biggest-ever growth in online sales on Tuesday as shoppers placed orders for everything from electronics and toys to groceries from the safety of their homes amid the COVID-19 pandemic. The near-doubling of online sales also helped the biggest U.S. retailer to beat estimates for same-store sales in the second quarter. Sales … Read more

Wall St drops after strong rally as COVID-19 cases mount

Wall St drops after strong rally as COVID-19 cases mount

U.S. stocks fell on Tuesday, adding to losses into the close, as investors took profits a day after the S&P 500 logged its longest streak of gains this year and as new U.S. coronavirus cases rose further. Large parts of the United States reported tens of thousands of new coronavirus infections. New York expanded its … Read more