US STOCKS-Wall Street set to open flat as investors assess rate hike prospects
USA finance

US STOCKS-Wall Street set to open flat as investors assess rate hike prospects

Wall Street was headed for a flat open on Wednesday as investors fretted over early rate hikes by the Federal Reserve after strong retail earnings and data showed an economic recovery was on track. Target Corp was the latest big-name retailer to report positive results, as it raised its annual forecasts and beat profit expectations, citing an early start to holiday shopping.