Nasdaq, S&P, Dow slip as retail sales data weighs on Fed pivot hopes; Target slumps

Nov. 16, 2022 3:35 PM ETS&P 500 Index (SP500), COMP.IND, DJIUS10Y, US2Y, DXYBy: Anuron Mitra, SA News Editor22 Comments

Wall Street Tumbles After Chinese Stocks Plunge 9 Percent

Stephen Chernin

U.S. stocks were on track to end lower on Wednesday, after stronger than expected retail sales data tempered some expectations on policy tightening by the Federal Reserve. A disappointing holiday quarter guidance by Target also weighed on the mood.

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