• Wall Street dips at open, dragged by Lowe's, Target

    NEW YORK (Reuters) - U.S. stocks dipped slightly at the open on Wednesday following weak earnings forecasts from retailers Lowe's and Target, ahead of the release of minutes from the most recent9:33 AM ET | Reuters

  • Target cuts full-year profit forecast

    (Reuters) - Target Corp reported a 62 percent drop in second-quarter profit and cut its full-year earnings forecast as it resorts to price cuts to attract cash-strapped consumers and win over9:54 AM ET | Reuters

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[BRIEFING.COM] The Dow (unch) and S&P 500 (unch) have ticked up off their opening lows, while the Nasdaq Composite (-0.1%) and Russell 2000 (-0.6%) remain near their lowest levels of the day.

At this juncture, the energy sector (-0.3%) is the only group trading with a loss larger than 0.2%. Meanwhile, the top-performing sector-industrials-has extended its advance to 0.5%.

Also of note, the health care sector (-0.1%) was among the opening laggards, but the countercyclical ... More


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