News

(Bloomberg) -- President Donald Trump told Republican governors that implementing his agenda was key to their own political futures, arguing that embracing it could mitigate or even prevent losses in the midterm elections.Most Read from BloombergTrump to Halt NY Congestion Pricing by Terminating ApprovalTrump Targets $128 Billion California High-Speed Rail ProjectAirbnb Billionaire Offers Pre-Fab Homes for LA Fire VictimsSorry, Kids: Disney’s New York Headquarters Is for Grown-UpsTrump Asserts P

"With investors on edge on the post-holiday slowdown, WMT's comp shortfall vs. expectations touches a high anxiety point," said JPMorgan.

"Industries that presumably stand to gain most are those that are most regulated," BofA's Savita Subramanian said.

Bond yields have surpassed a key level that suggests investors should focus on handful of sectors, according to Morgan Stanley's Mike Wilson.

Employees receive equity refreshers every year that make up the majority of their remuneration, alongside base salaries and annual bonuses, the FT reported. Most employees have been told they would receive about 10% less equity this year, the FT reported, citing several people familiar with the matter. The exact reduction will depend on where the employees are based and their level within the organization, the report said.

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

Walmart's quarterly revenue rose by more than 5%, but shares lost ground after the world's biggest retailer issued more-conservative sales guidance.