News Snapshot:
NEW YORK (AP) — Stocks are opening lower across the board on Wall Street as traders grapple with a sharp pullback in retail spending last month and new signals from the Federal Reserve that interest rates will need to go higher than previously expected. The S&P 500 was down 1.4% in the early going Thursday, erasing nearly all of its gains from early in the week. The tech-heavy Nasdaq composite was off 1.7% and the Dow was down 1.3%. The government reported that retail sales fell 0.6% from October to November, more than expected. The pullback followed a sharp rise...
