U.S. stocks closed lower on Wednesday for the second time in three days after a choppy session as a rally inspired by softening inflation data appeared to take a breather. Market strategists cited concerns about Target Corp.’s TGT earnings for helping to weigh on equity prices Wednesday. The S&P 500 SPX finished down 32.87 points, or 0.8%, to 3,958.86. The Dow Jones Industrial Average DJIA was off 39.22 points, or 0.1%, to 33,553.70. The Nasdaq Composite COMP closed off 174.75 points, or 1.5%, to 11,183.66.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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