S&P 500, Dow Jones Undercut Key Level; Walmart, Roku Dive, Fed Hawkish: Weekly Review – Investor's Business Daily

The S&P 500 index and Dow Jones industrial average fell back below their 50-day moving averages while the Nasdaq composite strung together several modest losses. Walmart (WMT) sold off as earnings, guidance and online sales were weaker than expected. Hot recent IPO Roku (ROKU) tumbled on its revenue outlook. Home Depot

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