Target, CEO Change
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The news the retail industry has been anticipating for months was finally announced on Wednesday: Target CEO Brian Cornell is finally stepping down after 11 years at the helm and will be replaced by his operations chief Michael Fiddelke in February.
The stock market dipped on Wednesday, driven by a decline in tech stocks and Target announcing the appointment of a new CEO
Good morning. This is TheStreet's Stock Market Today for Aug. 20, 2025. The stock market is now open. At last look, the indexes are near session lows. The Dow (-0.26%), which started the day in the green, is now down. It joins the Russell 2000 (-0.83%), S&P 500 (-0.88%), and Nasdaq (-1.64%).
Live Updates Live Coverage Has Ended Wednesday Wrap-up 4:32 pm The Vanguard S&P 500 ETF closed at 586.58 Wednesday, down 0.26%. Analog Devices Performs Like Clockwork 12:20 pm We’re not done with earnings news yet,
President Trump's tariffs continue to affect global markets and the economy. Follow along for live updates on stocks, bonds and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
Target names a new CEO and posts quarterly earnings that beat analysts’ forecasts, while Palantir extends losses into a sixth-straight session.
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Should You Buy the Post-Earnings Dip in Target Stock?
Target (TGT) shares tanked as much as 10% on Aug. 20 after the retail giant reported market-beating financials for its Q2 but guided for a low single-digit percentage decline in full-year sales. On Wednesday,
U.S. stock futures are moving lower as investors digest retail earnings reports and look ahead to Federal Reserve meeting minutes released later today. Nasdaq futures are lower by 0.2% after the tech-focused index plunged by 1.
President Trump's tariffs continue to affect global markets and the economy. Follow along for live updates on stocks, bonds and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
US stock futures steadied on Wednesday after a bruising day for tech stocks, as investors weighed the latest retail earnings and waited for Federal Reserve minutes to provide clues to interest-rate cuts.
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