Wall Street’s main indexes opened lower on Wednesday after top retailer Target’s dour holiday forecast stoked fears of inflation hurting a crucial business season for retailers.
The Dow Jones Industrial Average fell 38.0 points, or 0.11 percent, at the open to 33,554.93. The S&P 500 fell 14.9 points, or 0.37 percent, at the open to 3,976.82, while the Nasdaq Composite dropped 98.3 points, or 0.87 percent, to 11,260.095 at the opening bell.
