A person walks in front of an electronic stock board showing Japan’s Nikkei index at a securities firm Thursday, Aug. 20, 2026, in Tokyo.
NEW YORK (AP) — A rise in oil prices on Thursday is sending worries about inflation and yields in the bond market higher, erasing some of the relief the U.S. Treasury Department created the day before. A drop for Walmart following its latest profit report helped drag the U.S. stock market lower.
The S&P 500 slipped 0.4% and is on track for a fourth loss in the five days since setting its all-time high last week. The Dow Jones Industrial Average was down 424 points, or 0.8%, as of 1:02 p.m. Eastern time, and the Nasdaq composite was 0.7% lower.
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