The Latest Breaking News from Walmart

WASHINGTON — In the most aggressive back-to-back interest rate increases since the early 1980s economic crisis, the Federal Reserve on Wednesday announced another three-quarters of a percentage point hike and signaled that it wasn’t done in its effort to beat back inflation despite rising risks of triggering a recession.

The Federal Reserve is expected to announce Wednesday another aggressive interest rate increase as the central bank presses its attack on inflation despite rising risks of triggering a recession.

Asian stock markets have followed Wall Street lower as traders prepare for a possible sharp interest rate hike by the Federal Reserve to cool inflation

Shares of Alibaba, Nio and Li Auto lost more than 3% on Wednesday morning with the Hong Kong’s benchmark index Hang Seng falling over 1%, ahead of the release of Australia’s inflation report.

The market rally fell on a Walmart warning, with all eyes turning to the Fed meeting. Google, Microsoft rose on earnings, but this stock shined.

On days like this (Tuesday), which got off to a bad start on Monday after the close with Walmart Inc.'s (NYSE: WMT) rare guidance cut, there are still stocks that will move higher.

The Nasdaq pulled back to test support as stocks fell Tuesday while New Home Sales fell 17% from a year earlier.

This leading retail stock is up 36% and hovering just below a buy point.

A whale with a lot of money to spend has taken a noticeably bullish stance on Walmart. Looking at options history for Walmart (NYSE:WMT) we detected 32 strange trades.