Wall Street opens lower as Walmart warning rattles retail stocks

Wall Street’s major indexes fell at the open on Tuesday after Walmart’s profit warning heightened fears in the retail sector that consumers were cutting back on discretionary spending in the face of rampant, decades-high inflation.Reuters:Walmart Inc’s shares slumped 9.5% in premarket trading, while Target and Amazon.com fell 3.3% each, souring the mood in what is set to be the busiest week of the earnings season.
“It’s not a surprise, this is what normally happens