Walmart delivered another year of strong sales and profits, but executives expressed caution about an uncertain economic landscape.

Stocks tumbled from all-time highs Thursday in the wake of Walmart projecting a lower-than-expected sales outlook. The Dow Jones Industrial Average fell 450 points, or 1%. The S&P 500 declined 0.4%. The tech-heavy Nasdaq lost 0.5%. Bank stocks also fell significantly, with JPMorgan Chase and Goldman Sachs also closing down about 4%.

Shares of the world’s largest retailer are dropping Thursday after Walmart’s outlook came in lower than Wall Street’s estimates.

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