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Wall Street retreats as Target reports falling sales and issues tepid forecast due to tariff worries

Summary by The Sun (Lowell)
By ELAINE KURTENBACH and MATT OTT, Associated Press Business Writers Wall Street was headed lower early Wednesday after a major U.S. retailer blamed its grim forecast on tariff concerns and oil prices rose on a media report that Israel may be planning an attack on Iranian nuclear facilities. Futures for the S&P 500 were down 0.5% before bell and the Dow Jones Industrial Average slid 0.8%. Futures for the tech-heavy Nasdaq also fell 0.5%. Target …

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Benzinga broke the news in New York, United States on Wednesday, May 21, 2025.
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