US stocks fall on World Bank forecast, weak Target outlook

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NEW YORK, June 7 — Wall Street stocks fell early today as the World Bank slashed its global growth outlook and Target warned of lower profits in the current quarter. The World...

NEW YORK, June 7 — Wall Street stocks fell early today as the World Bank slashed its global growth outlook and Target warned of lower profits in the current quarter.

Meanwhile, big-box chain Target trimmed its second-quarter operating profit margin to around two per cent, from the prior projection of 5.3 per cent.

 

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