News
Wall Street recession warning and market volatility
Walmart’s unprecedented monthly rally is flagged as a potential early recession signal, echoing patterns preceding past downturns. Moderna shares, after a 300% surge, fell up to 26% following a sharp sell‑off. Greenland Mines promotes two critical‑mineral projects in Greenland, highlighting a $2.05 billion pre‑tax NPV estimate. Market recap notes the Nasdaq dropped nearly 3% amid AI stock declines, while the S&P 500 fell over 1% and the Dow was flat. Upcoming focus includes PMI data, University of Michigan consumer sentiment, and Verizon’s earnings report.