Target’s stock drops
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The stock market dipped on Wednesday, driven by a decline in tech stocks and Target announcing the appointment of a new CEO
U.S. stock futures are moving lower as investors digest retail earnings reports and look ahead to Federal Reserve meeting minutes released later today. Nasdaq futures are lower by 0.2% after the tech-focused index plunged by 1.
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StockStory.org on MSNWhy Target (TGT) Stock Is Falling Today
What Happened? Shares of general merchandise retailer Target (NYSE:TGT) fell 7.6% in the afternoon session after the company reported mixed second quarter earnings. Traffic to its stores fell and gross margin slightly missed.
Target reported yet another quarter of weak financial results, with comparable sales down 1.9%, and the cheap-chic retailer reaffirmed its expectation that sales will decline by a low single-digit percentage this year,
Good morning. This is TheStreet's Stock Market Today for Aug. 20, 2025. The stock market is now open. At last look, the indexes are near session lows. The Dow (-0.26%), which started the day in the green, is now down. It joins the Russell 2000 (-0.83%), S&P 500 (-0.88%), and Nasdaq (-1.64%).
Live Updates Live Coverage Has Ended Wednesday Wrap-up 4:32 pm The Vanguard S&P 500 ETF closed at 586.58 Wednesday, down 0.26%. Analog Devices Performs Like Clockwork 12:20 pm We’re not done with earnings news yet,
President Trump's tariffs continue to affect global markets and the economy. Follow along for live updates on stocks, bonds and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.