Stock market today: Wall Street opens lower, threatening its gain for the week


Source: guelphtoday.com guelphtoday.com

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NEW YORK (AP) — U.S. stocks are falling following discouraging updates on inflation and how much U.S. households may be willing to spend. The S&P 500 was 0.4% lower in early trading Friday, coming closer to erasing its gain for the week. The Dow Jones Industrial Average fell 110 points, or 0.2%, and the Nasdaq composite was down 0.7%. Lululemon Athletica tumbled after warning that its revenue growth may slow, in part because shoppers are spending less because of concerns about inflation and the economy. Markets could remain shaky worldwide as an April 2 deadline approaches for more tariffs. THIS...