Investing.com-- The Dow snapped a two-day winning streak Thursday after briefly topping 40,000 for the first ever as investors weighed up a rebound in Treasury yields and a rally in Walmart.), a major dow component, jumped 7% after lifting its guidance following fiscal Q1 results that beat Wall Street estimates on both the top and bottom lines.) surged more than 15% after the apparel maker reported better-than-expected fiscal Q4 results, and talked up the prospect of annual margin improvement.
Treasury yields, however, rebounded from a slump a day earlier as Fed speakers remain cautious and stress the need to monitor further incoming data for signs that inflation is on a sustainable path lower.
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