Follow all the latest U.S. market action for Thursday as Walmart shares slide and the S&P 500 retreats after tallying back-to-back record highs.

Indexes closed near session highs Thursday, despite a White House announcement of new actions on import tariffs. Companies in the IBD 50 outperformed the major averages, a bullish signal for growth investors.

U.S. equity futures edged modestly lower Wednesday, while Treasury yields and the dollar moved higher, as investors paused a record-setting rally on Wall Street amid renewed tariff and inflation concerns.

The S&P 500 was adding 0.3% to the all-time high it set the day before. The Dow Jones Industrial Average was virtually unchanged, with an hour of trading remaining, and the Nasdaq