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Stock market today: Dow cuts losses to close higher, shrugging off Target slump

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Stock market today: Dow cuts losses to close higher, shrugging off Target slump

) is set to release its quarterly earnings after the close, and the results from most valuable listed company in the world will be carefully studied as it is considered as a bellwether for artificial intelligence demand.

Technology stocks were mostly upbeat in anticipation of a strong quarterly print from the firm, which has nearly tripled in value this year on an AI-fueled boom.), however, sidestepped the weakness after announcing that the last week's boxing bout between YouTube star Jake Paul and former world heavyweight champion Mike Tyson racked up 108 million global viewers, becoming the most-streamed global sporting ever.

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