Stock Market Today: Stocks edge higher with Nvidia earnings in focus
A modest sentiment boost has stocks edging higher ahead of a key earnings update from Nvidia after the closing bell.
Check back for updates all of the way at some stage in the trading day
U.S. equity futures edged higher in early Wednesday trading, while Treasury yields and the dollar resumed their latest climbs, as investors looked to tempering risks contained in the Russia-Ukraine conflict while prepping for a key earnings release from the arena's most-valuable company.
Updated at 6:forty three AM EST
Off Target
Target shares plummeted in early trading after the retailer posted weaker-than-expected 0.33 quarter earnings and issued a muted forecast for the important holiday season.
Target, which has been losing market share to Walmart, said it sees fourth quarter profits contained in the region of $1.eighty five to $2.forty 5 per share, well shy of Street forecasts, citing "soft discretionary trends and a pair of cost headwinds".
Target shares were marked 20.3% lower in premarket trading at once following the earnings release to indicate an opening bell price of $124.00 each and each.
$TGT 2025 F/Y GUIDANCE
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