US Stock Market Today: S&P 500, NASDAQ Edge Lower
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Target’s stock drops
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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%).
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Why Target Plunged Today
Better-than-feared earnings weren't enough to offset pessimism over CEO Brian Cornell's retirement and replacement with an insider.
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.
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Stocktwits on MSNWhy Is The Market Down Today? Target, Nvidia, Intel, Micron, Palantir Stocks Drag Nasdaq
U.S. equities declined by Wednesday’s midday trade as investors turned cautious ahead of the release of the minutes of the Federal Reserve’s July FOMC meeting. The SPDR S&P 500 ETF (SPY), which mirrors the S&P 500 index,
In addition to announcing its Q2 2025 results, Target also revealed that it would be getting a new CEO. The company announced that its current CEO, Brian Cornell, will be stepping down from the role in February 2026. On February 1, its new CEO, Michael Fiddelke, will take the reins. Cornell has been Target’s CEO since 2014.
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.
Aakash K Hindocha from Nuvama Professional Clients Group suggests a bullish outlook for Nifty and Bank Nifty, setting targets of 25250 and monitoring key levels for buying opportunities. Godawari Power,