US stocks closed lower on Wednesday, after Target Corporation (NYSE: TGT) posted downbeat quarterly results and issued weak holiday-sales outlook. The S&P 500 consumer discretionary sector, as a result, dipped 1.5% on Wednesday.
U.S. stocks closed mostly lower on Wednesday, with the Nasdaq Composite dropping around 175 points. Here is the list of some big stocks recording losses in the previous session.
US stocks closed higher on Tuesday, as investors assesses recent inflation data.
Wall Street was boosted by inflation report which showed producer prices increasing 8% year-over-year in October, compared to market expectations for a 8.3% rise.
Investors also digested reports suggesting Russian missiles have crossed into Poland, killing two.
The CNN Money Fear and Greed index showed an increase in the overall market sentiment after the producer price index.
US major indices rose after the producer price index increased 0.2% for the month of October, compared to market
expectations for a 0.4% rise.
U.S. stocks closed higher on Tuesday, with the Nasdaq Composite gaining more than 150 points. Here is the list of some big stocks recording gains in the previous session.
Mizuho cut the price target on Salesforce, Inc. (NYSE: CRM) from $235 to $225. Mizuho analyst Gregg Moskowitz maintained the stock with a Buy rating. Salesforce shares rose 0.9% to $160.06 in pre-market trading.