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5 Things to Know Before the Stock Market Opens Wednesday

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U.S. stock futures dropped Wednesday as rising inflation slammed another retailer.

following weeks of steep losses. The Nasdaq was still in a bear market as defined by a drop of 20% or more from its prior high.

The Dow and S&P 500 were still in corrections, defined by a decline of 10% or more from prior highs.Liao Pan | China News Service | Getty ImagesTarget's premarket stock plunge came after the retailer Wednesday morning reported adjusted first-quarter earnings that

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