US stocks declined as yields rebounded, while Walmart posted its slowest sales growth in six years and guidance disappointed – Newsquawk Daily Asia-Pac Market Open

US stocks were lower on Thursday, with the Russell and Dow underperforming; the latter was weighed by Walmart (WMT), which slumped following its earnings report and weak guidance. Indices closed lower across the board with negative breadth, as the equal-weight S&P 500 (RSP) fell around 0.7%. Sectors were also predominantly lower, with Health Care, Consumer Staples and Consumer Discretionary lagging. Health Care gave back some of Wednesday’s MRNA/MRK-induced gains, while Staples were weighed on by WMT. Energy and Real Estate were the only sectors to close in the green. Crude prices were firmer amid reports that the Houthis are preparing…