Mahoney Asset Management CEO Ken Mahoney in Reuters

Wall Street slides as retail, tech stocks weigh

  • Nordstrom, Gap earnings bode poorly for retail sector
  • High Treasury yields hurt tech stocks
  • Indexes off: Dow 0.29%, S&P 0.25%, Nasdaq 0.32%

Nov 24 (Reuters) – Wall Street indexes fell on Wednesday as data pointed to strength in the U.S. economy but signaled inflationary pressures, while disappointing earnings from retailers also weighed on the mood.

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