Walmart Inc. executives are confident that the world’s largest retailer will reach its financial targets this year, despite tariff turbulence that’s sparking uncertainty in the world economy.

The stock market is going through a major correction. As of market close on Friday, April 4, the Nasdaq 100 Index is actually down 21.6% from all-time highs, which means it has officially entered a bear market. The S&P 500 index has not passed the 20% threshold for a bear market, but it is still off 17.5% from its highs.

President Donald Trump's sweeping tariffs stunned the stock market, with over $2T wiped out from the S&P 500 (SP500) on Thursday in its worst single-day loss since 2020. But Wall Street veteran Edward Yardeni sees this as an opportunity.