How major US stock indexes fared Wednesday 11/16/2022

News Summary

  • The Nasdaq fell 1.5%, and small-company stocks fell even more.
  • Wall Street closed lower as hefty drops in retailers and technology companies offset gains elsewhere in the market.The S&P 500 lost 0.8% Wednesday.
  • Target fell sharply after delivering a dismal financial report.
  • Target also cut its forecasts for the holiday season and said its sales slowed sharply in recent weeks.
Wall Street closed lower as hefty drops in retailers and technology companies offset gains elsewhere in the market.The S&P 500 lost 0.8% Wednesday. The Nasdaq fell 1.5%, and smallcompany stock [+1096 chars]