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https://www.barrons.com/articles/things-to-know-today-51658829282

Retail is the original fast-moving industry and Walmart gave a snapshot last night of how quickly trading conditions can deteriorate.

As recently as February, the world’s largest retailer expected underlying earnings for the year to rise by 5%-6%. The comparable figures now are for earnings to decline 10%-12%.

Retail is the original fast-moving industry and Walmart gave a snapshot last night of how quickly trading conditions can deteriorate.

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