Stock Market Drags; Target Sinks After Retailers Post Earnings


The U.S. stock market fell in the first hour of trading Wednesday, as Target (TGT) retreated but Lowe’s (LOW) and TJX Cos. (TJX) climbed following earnings reports.


Stock market indexes tried to bounce off session lows around 10 a.m. ET.

The Dow Jones Industrial Average fell 0.3%. JPMorgan Chase (JPM) dipped below its 50-day moving average but remains above its most recent buy point at 163.93.

The S&P 500 and the Nasdaq composite lost 0.2%. Small caps lagged as the Russell 2000 slid nearly 1%.

Volume was lower on the Nasdaq and higher on the NYSE compared with the same time on Tuesday.

U.S. Stock Market Today Overview

Index Symbol Price Gain/Loss % Change
Dow Jones (0DJIA) 36014.71 -127.51 -0.35
S&P 500 (0S&P5) 4690.87 -10.03 -0.21
Nasdaq (0NDQC ) 15942.10 -31.76 -0.20
Russell 2000 (IWM) 236.23 -2.76 -1.15
IBD 50 (FFTY) 50.70 -0.48 -0.94
Last Update: 10:18 AM ET 11/17/2021

A series of major retail earnings reports…

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