TGT highs +6%
TGT highs +6%
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TGT highs +6%
U.S. stock futures are higher, with S&P 500 and Nasdaq 100 futures up and Dow futures slightly lower, while investors await Fed July meeting minutes and watch rising oil and Treasury yields.
U.S. stocks close lower Tuesday as Treasury yields hover near multi-decade highs; the Nasdaq falls more than 350 points intraday, while the CNN Fear and Greed Index slips to 54.3 from 58.4 and into Neutral.
Target is due to report second-quarter results Wednesday before market open, with analysts expecting revenue of $26.13 billion and EPS of $2.32 and watching for guidance.
Target Corp. shares trade lower on Monday as investors take profits ahead of its second-quarter earnings report on Wednesday, while softer U.S. retail sales data weighs on sentiment.
U.S. stock futures are slightly mixed Monday as investors weigh a retail earnings-heavy week, elevated bond yields and shifting Federal Reserve expectations.
The S&P 500 and Russell 2000 set fresh highs as July CPI rose 0.1% and 3.4% annually, PPI was flat, and retail sales fell 0.6% versus a 0.1% consensus gain.