What Happened? Shares of general merchandise retailer Target (NYSE:TGT) fell 7.6% in the afternoon session after the company reported mixed second quarter earnings. Traffic to its stores fell and gross margin slightly missed.

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%).

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.

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.

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,

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.