Apple, Nasdaq, Dow, S&P 500 drop amid rampant U.S. inflation, economic concerns

Apple, and the Nasdaq, Dow, and S&P 500 swooned Wednesday amid rampant U.S. inflation and overall economic concerns.Reuters:The Nasdaq and the S&P 500 dropped 3% on Wednesday as a rally in growth shares faded amid economic growth concerns, while Target plunged to the bottom of the S&P 500 after the retailer became the latest victim of surging prices.
Target Corp’s first-quarter profit halved and the company warned of a bigger margin hit on rising fuel and freight costs. Its sha