YSG - US Stocks Mixed; Target Posts Downbeat Earnings | Benzinga
U.S. stocks traded mixed this morning, with the Dow Jones index falling around 20 points on Wednesday.
Following the market opening Wednesday, the Dow traded down 0.05% to 39,853.86 while the NASDAQ rose 0.04% to 16,839.94. The S&P 500 also fell, dropping, 0.03% to 5,319.84.
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Leading and Lagging Sectors
Industrials shares rose by 0.2% on Wednesday.
In trading on Wednesday, energy shares fell by 0.9%.
Top Headline
Target Corp (NYSE:TGT) reported weaker-than-expected first-quarter earnings.
The company reported a first-quarter FY24 sales decline of 3.1% year-on-year to $24.531 billion, beating the analyst consensus estimate of $24.521 billion. Comparable sales declined 3.7% in the first quarter. Adjusted EPS of $2.03 missed the analyst consensus estimate of $2.06.
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