DOW Jones up 140 points on retail spending figures and Wallmart price hike warning

By: bitcoin ethereum news|2025/05/16 10:15:06
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Stocks inched higher today, despite concerns over lower retail spending and escalating retail prices. U.S. stocks edged up on Thursday, May 15, even amid negative retail indicators. The Dow Jones was trading at 42,191, up 140 points or 0.33%. The S&P 500 rose 18.75 points, or 0.32%, to 5,911. Meanwhile, the tech-focused Nasdaq was nearly flat at 19,140 points, down just 8 points or 0.04%. Stocks were weighed by retail sales figures released on the same day. Notably, growth in retail sales slowed dramatically in April. Sales saw gains of just 0.1% compared to March’s upwardly revised 1.7%. This was despite the fact that consumers likely tried to spend ahead, on fears of post-tariff price hikes. Walmart warns about impending ‘double-digit’ price increases Adding to inflation concerns, Walmart CFO John David Rainey warned that the retail giant may be forced to implement double-digit price increases on some items. As a result, shares of Walmart—typically viewed as a defensive stock in inflationary environments, fell 1.05%. Among other major firms, UnitedHealthcare continued its decline, losing 13.74% after reports revealed a potential criminal investigation against the company for potential Medicare fraud. Notably, just a day before this revelation, the company’s CEO, Andrew Witty, abruptly stepped down from his position. One of the new entrants on the S&P 500, Coinbase, faced its own upheaval. The stock was down 6.58% after CEO Brian Armstrong revealed a $20 million ransom note against the exchange. Still, the likelier explanation for the stock drop in its stock price is a recent SEC investigation against it. The SEC probe is about whether the exchange reported accurate numbers when it claimed it had more than 100 million verified users. The figure is significant, as the exchange featured it in its 2021 IPO filing, directed at potential investors. Source: https://crypto.news/dow-jones-up-140-points-on-retail-spending-figures-and-wallmart-price-hike-warning/

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WEEX P2P update: Country/region restrictions for ad posting

To improve ad security and matching accuracy, WEEX P2P now allows advertisers to restrict who can trade with their ads based on country or region. Advertisers can select preferred counterparty locations for a safer, smoother trading experience.

 

I. Overview

When publishing P2P ads, advertisers can now set the following:

Allow only counterparties from selected countries or regions to trade with your ads.

With this feature, you can:

Target specific user groups more precisely.Reduce cross-region trading risks.Improve order matching quality.

 

II. Applicable scenarios

The following are some common scenarios:

Restrict payment methods: Limit orders to users in your country using supported local banks or wallets.Risk control: Avoid trading with users from high-risk regions.Operational strategy: Tailor ads to specific markets.

 

III. How to get started

On the ad posting page, find "Trading requirements":

Select "Trade with users from selected countries or regions only".Then select the countries or regions to add to the allowlist.Use the search box to quickly find a country or region.Once your settings are complete, submit the ad to apply the restrictions.

 

When an advertiser enables the "Country/Region Restriction" feature, users who do not meet the criteria will be blocked when placing an order and will see the following prompt:

If you encounter this issue when placing an order as a regular user, try the following solutions.

Choose another ad: Select ads that do not restrict your country/region, or ads that allow users from your location.Show local ads only: Prioritize ads available in the same country as your identity verification.

 

IV. Benefits

Compared with ads without country/region restrictions, this feature provides the following improvements.

Aspect

Improvement

Trading security

Reduces abnormal orders and fraud risk

Conversion efficiency

Matches ads with more relevant users

Order completion rate

Reduces failures caused by incompatible payment methods

V. FAQ

Q1: Why are some users not able to place orders on my ad?
A1: Their country or region may not be included in your allowlist.

 

Q2: Can I select multiple countries or regions when setting the restriction?
A2: Yes, multiple selections are supported.

 

Q3: Can I edit my published ads?
A3: Yes. You can edit your ad in the "My Ads" list. Changes will take effect immediately after saving.

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