Rising inflation, conflict in Ukraine, prolonged supply chain disruptions, pandemic-related lockdowns in China, and monetary policy tightening by the central bank have weighed on financial markets recently, fueling concerns about a global economic slowdown.
Wall Street ended sharply lower Wednesday, with Target Corp shares losing about a quarter of their market value. Highlights concerns about the United States (US) economy after retailers became the latest victims of a price spike. On Wednesday the Dow Jones Industrial Average fell 3.57% to 31,490. Correction target : 33,144. Price may be lower if it breaks below the support area.