Dow retreats from record | Yellen on stimulus, taxes and bitcoin | Robinhood hearing recap

U.S. stocks slid on Thursday as investors were discouraged by a worse-than-expected jobless claims reading as well as a weak forecast from Walmart.

VIEW IN BROWSER | SUBSCRIBE THU, FEB 18, 2021 EVENING BRIEF AS OF THU, FEB 18, 2021 • 05:15 ET DJIA 31493.34 -0.38% -119.68 S&P 500 3913.97 -0.44% -17.36 NASDAQ 13865.36 -0.72% -100.14   Most Active DOW NAME LAST CHG %CHG AAPL 129.71 -1.13 -0.86% WMT 137.66 -9.54 -6.48% VZ 56.98 -0.01 -0.02% S&P 500 NAME LAST CHG %CHG AAPL 129.71 -1.13 -0.86% GE 11.63 -0.23 -1.94% WFC 36.96 +0.37 +1.01% NASDAQ NAME LAST CHG %CHG AAPL 129.71 -1.13 -0.86% AMD 88.64 -1.30 -1.45% KHC 38.96 +1.94 +5.24%   EDITOR'S NOTE U.S. equities fell Thursday after a disappointing jobless claims number and a tepid outlook from Walmart. The Dow Jones Industrial Average lost more than 100 points, dragged down by a 6% drop in the big-box retailer's shares. Walmart said it expects sales growth to slow this year, coming off of a stellar 2020 due to the coronavirus pandemic.   The S&P 500 and Nasdaq also fell. The small-cap benchmark Russell 2000 was the biggest underperformer, declining more than 1%. The jobless claims data showed a setback in the labor market recovery. First-time filings for unemployment insurance totaled 861,000 last week, the highest level in a month, and above the Dow Jones estimate of 773,000, the Labor Department said.   The House Financial Services Committee's hearing on GameStop took place Thursday, but few new developments were uncovered by the hours of questioning. Maggie Fitzgerald | CNBC Markets Reporter @mkmfitzgerald TOP NEWS  Dow falls from record amid disappointing jobs data and weak Walmart forecast Treasury Secretary Janet Yellen makes push for major stimulus, sees bigger risk to not doing enough Treasury Secretary Yellen says Biden tax hikes would likely phase in slowly Yellen says investors should be very careful with some sectors, calls bitcoin 'highly speculative' Texas grid failure ignites feud over Republican oversight of the energy industry Citadel's Ken Griffin defends controversial Wall Street practice, says firm would adapt if it were outlawed NASA lands Perseverance rover on the Mars surface, carrying the first helicopter for another planet Lumber prices top $1,000 for the first time as single-family housing starts drop 12% Why Walmart's CEO says Americans urgently need another stimulus check As rally stalls out, these S&P 500 stocks could fall the most from here, analysts say   TOP VIDEO Yellen: It's important to have big stimulus to help those in need   CNBC PRO How the rapid run-up in interest rates could set off a 10% to 15% correction   SPECIAL REPORTS Some Texans use 2021 Ford F-150 hybrids to power homes amid winter storm Counterfeit N95 masks are flooding the market — here's how to tell if yours is fake   Unsubscribe Manage Newsletters Terms of Service Join the CNBC Panel Digital Products Feedback Privacy Policy   © 2021 CNBC LLC. All rights reserved. A property of NBCUniversal. 900 Sylvan Avenue, Englewood Cliffs, NJ 07632 Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes and Market Data and Analysis. Data also provided by THOMSON REUTERS