Wednesday's worst-performing stocks mostly come from this one sector that has investors really worried

Investors were spooked after Target and Walmart reported declines in profits.

Consumer stocks were hit hard on May 18 as disappointing earnings reports from Target Corp. and Walmart Inc. led to double-digit declines for many retailers.

Shares of Target TGT fell 25% after the company reported... Consumer stocks were hit hard on May 18 as disappointing earnings reports from Target Corp. and Walmart Inc. led to double-digit declines for many retailers. Shares of Target TGT fell 25% after the company reported a 48% decline in earnings per share for its first fiscal quarter from the year-earlier quarter.Target’s disappointment came after Walmart reported a 24% decline in quarterly profit. Shares of the largest U.S. retailer fell 7% on May 18, following an 11% decline the previous day.

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