US stocks move sharply lower as crude oil surges, Walmart slumps

NAMPA / DPA

2026-08-20

Washington (dpa-AFX) - After coming under pressure early in the session, stocks saw further downside over the course of the trading day on Thursday. The major averages all moved sharply lower as the day progressed, more than offsetting the modest gains posted during Wednesday's session. The major averages ended the day not far off their lows of the session. The Dow tumbled 703.84 points or 1.3% to 52,759.21, the Nasdaq slumped 263.92 points or 1%......

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Economy

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