By ELAINE KURTENBACH and MATT OTT — AP Business Writers
Publication Date: 2026-02-19 13:18:00
Markets on Wall Street Thursday were poised to give back a slice of the gains made a day earlier on the shoulders of computer chip giant Nvidia.
Futures for the S&P 500 were down 0.2% before the opening bell, while futures for the Dow Jones Industrial Average fell 0.2%. Nasdaq futures were off close to 0.3%.
Walmart shares sank more than 3% in premarket after the retail giant hinted at a volatile economic environment ahead, despite delivering another quarter of standout results. In its first reporting period since new CEO John Furner took the helm from Doug McMillon, Walmart nudged past sales and profit expectations as the promise of lower prices drew in a broader spectrum of Americans during the critical holiday shopping period.
EBay shares jumped nearly 8% overnight after the online auction site breezed past sales and profit targets and announced that it was paying Etsy $1.2 billion to acquire the secondhand fashion marketplace Depop in a bid to capture a bigger share of the Gen Z market. Etsy shares rose more than 18%.
In energy trading, oil prices rose around 1.5% on media reports that the likelihood of a U.S. conflict with Iran was rising.
President Donald Trump has been…