Walmart Inc. powered through an uncertain economic environment and tariff concerns to deliver solid second-quarter financial results Thursday, showing it keeps pulling in shoppers and outpacing peers like Target.

U.S. stocks are falling again, this time after the country’s largest retailer reported profits that came up short of Wall Street’s expectations. The S&P 500 fell 0.5% in early trading Thursday and was on track for a fifth straight modest loss since setting an all-time high last week.