US stocks surge: Walmart (WMT.US) rises more than 2%, the company will increase prices of some goods in the US.
According to Zhtng Financial APP, on Friday, Walmart (WMT.US) rose more than 2%, to $98.76. In terms of news, on May 15th, Walmart sent a clear signal to the market that price increases caused by tariffs are imminent. The company warned that price increases caused by tariffs are expected to soon affect the products on the shelves, and the company will begin to raise prices on some products this month. Analysts believe that Walmart's actions will open the floodgates for a comprehensive price increase in the retail industry.
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