Wall Street is retreating from its record as a slide for Walmart weighs on U.S. stock indexes Thursday. The S&P 500 was down 0.6% in morning trading after setting all-time highs in each of the last two days.

TOKYO -- Asian shares traded mostly lower Thursday after a quiet day on Wall Street, where the S & P 500 added to its record. Worries about U.S. President Donald Trump's tariff policies remain high on regional investors' minds.

Wall Street is sliding toward losses in premarket trading after Walmart, the nation’s biggest retailer and a bellwether for the health of the American consumer, gave a disappointing 2025 forecast

Stocks tumbled from all-time highs Thursday in the wake of Walmart projecting a lower-than-expected sales outlook.