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Wal-Mart Projections Send Stocks Tumbling

Stock quotes in this article: WMT , TGT , M , GPS , ANF , COST , ^DJI  

Stocks in New York opened Thursday sharply lower in the wake of disappointing retail figures and ahead of more commentary from the president elect.

The Dow Jones Industrial Average was down 70 points at 8699, and the S&P 500 fell 6.6 points to 900. The Nasdaq was off by 8.3 points at 1590.

Stocks took a 3% blow Wednesday after earnings warnings and another scandal left investors shaking their heads. ...

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