Walmart Stock Hits $1 Trillion Value After U.S.-India Tariff Deal — What’s Driving WMT
Walmart’s market value reached $1 trillion for the first time Tuesday after shares rose on news of a U.S.-India trade deal lowering tariffs. The agreement will cut tariffs on Indian goods to 18% and end a separate 25% duty. Walmart has increased sourcing from India and owns about 80% of Flipkart. Shares closed up 4.1% at $124.06.