Inflation Fears

Business

Stocks fall sharply as Target’s woes renew inflation fears

Photo: Trader Patrick King works the floor at the New York Stock Exchange The Dow Jones Industrial Average sank more than 1,100 points and the S&P 500 had its biggest drop in nearly two years Wednesday, as big earnings misses by Target and other major retailers stoked investors’ fears that surging inflation could cut deeply

Financial

Wall Street reels, then recovers after invasion of Ukraine

Markets swung wildly Thursday as the world reacted to Russia’s invasion of Ukraine. Stocks in Europe fell sharply, while stocks in the U.S. recovered from early losses after President Joe Biden stopped short of implementing the steepest possible sanctions against Russia. The S&P 500 rallied 1.5% after erasing an early 2.6% loss, while the Nasdaq

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