Stock Market Today: Stocks broadly lower; Target shares in focus
Target's weak results, tariff worries and deficit concerns weigh on stocks overall. Bond yields rise.
Updated: 10:58 a.m. EDT
Just before 11 a.m. EDT Wall Street is broadly lower. The Dow 30 are off 0.5% and the Russell 2000 is down nearly 1.2%.
Bill Ackman's Pershing Square put a big chunk into a major technology company, according to the firm's recent SEC 13-F, TheStreet's Silin Chen reports. Have a look here.
Updated: 10 a.m. ET
Stocks opened broadly lower on Wednesday, pushed lower by weak earnings from retailers Target (TGT) and TJX (TJX) and worries about rising interest rates.
The losses, if they hold, would be the second consecutive market decline.
