Disappointing quarterly results from top United States retailers are amping up recession fears and on May 18, Target (NYSE:TGT) (TG) shares dropped 25%, while Walmart (NYSE:WMT) stock plunged 17% in two days. The prospect of an economic slowdown brought the S&P 500 Index to the edge of bear market territory, a 20% contraction from its all-time high.
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Source: Cryptocurrency - investing.com