Wall Street Retreats as Nvidia Rises Amid Interest Rate Concerns

U.S. stock indexes fell from record highs as concerns about high interest rates and inflation weighed on the market. The S&P 500, Dow Jones, and Nasdaq all declined after the Federal Reserve's minutes suggested it may take longer to control inflation, with some officials open to raising rates if necessary. Target and Lululemon saw significant losses due to disappointing earnings and executive changes, respectively, while Petco and TJX reported better-than-expected results. Treasury yields rose slightly, and global markets also experienced modest declines.