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Retailers and technology companies led a broad slide for stocks Wednesday after a dismal financial report from Target overshadowed a positive retail sector report from the government. The S&P 500 fell 0.8%, wiping out most of its gains from a day earlier. The Dow Jones Industrial Average fell 0.1% and the Nasdaq lost 1.5%. Discouraging […]
Wall Street closed lower as hefty drops in retailers and technology companies offset gains elsewhere in the market. ...
Here's a look at what the quarterly updates from Target did for Wall Street.
Target cut its forecasts for the holiday season and said its sales slowed sharply in recent weeks. Retail sales rose last month, but it's unclear why.
Retailers and technology companies led a broad slide for stocks Wednesday after a dismal financial report from Target Corp. overshadowed a positive U.S. retail sector report.