Dow Tumbles as Higher Bond Yields and Oil Prices Overshadow Walmart Earnings Miss

The Dow Jones Industrial Average plummeted by 703.84 points on Thursday, August 21, 2026, amidst a broad market sell-off.

Walmart and Boeing were among the biggest contributors to the decline, accounting for around 15.5% of the drop with their stock prices falling $10.60 and $7.83 respectively.

However, it's worth noting that higher bond yields and surging oil prices had a more significant impact on the index, with the 10-year Treasury yield climbing to 4.697% and Brent crude prices staying above $93 per barrel.