5 things to know before the stock market opens Wednesday

  • 📰 CNBC
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 72%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

The S&P 500 was pacing to add to Tuesday's record close as Target and Lowe's reported blowout earnings.

2. Target, Lowe's deliver strong earningsblew past every forecast on Wall Street

for the second quarter as it attracted millions of new customers online during the coronavirus pandemic, setting a record for same-store sales that drove earnings up by 80% to $1.7 billion. Target's total revenue rose nearly 25% to $23 billion. Adjusted profit came in at $3.38 per share. The company said it was able to keep up the momentum in August.

on CNBC on Wednesday credited money not spent on vacations and other summer activities coming to retailers, not pandemic stimulus checks, for the company's stunning quarterly performance.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

1. realDonaldTrump Will Win Re-election. 2. Americans will pay less taxes. 3. American home ownership will continue to rise. 4. More Americans will return to work. 5. Liberals will be unhinged for eternity.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

5 things to know before the stock market opens MondayU.S. stock futures are steady Monday, with the S&P 500 less than 1% away from its Feb. 19 record close. I trade CFDs. America's financial system is convoluted and it's regulated and taxed to death.
Source: CNBC - 🏆 12. / 72 Read more »

5 things to know before the stock market opens TuesdayThe S&P 500 will try again to close at a record high, after finishing yesterday just over 4 points below its last closing record of 3,386.15 on Feb. 19. Here are 5 things to know before the stock market opens: How's that March SPX low retest many 'market pros' predicted going? 😂 Wow those speeches must’ve done the trick! The stock market is not the economy
Source: CNBC - 🏆 12. / 72 Read more »