[Asia Economy New York=Special Correspondent Joselgina] Major indices of the US New York stock market closed lower on the 16th (local time) as retail giant Target warned of gloomy fourth-quarter earnings forecasts.



On this day in the New York stock market, the Dow Jones Industrial Average closed near flat, down 0.11% from the previous session. The large-cap focused S&P 500 index fell 0.82%, and the tech-heavy Nasdaq index closed down 1.54%.


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