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.

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.

Target reported yet another quarter of weak financial results, with comparable sales down 1.9%, and the cheap-chic retailer reaffirmed its expectation that sales will decline by a low single-digit percentage this year,

As Target announces a new CEO, the retailer is reporting declines in revenue and operating income. As shares tumble 10% their DEI pullback & tariffs are dragging on sales

Target also reiterated fiscal-year guidance. It continues to expect a low-single digit decline in sales, while adjusted earnings per share will range from $7 to $9. Consensus estimates call for a roughly 1.5% drop in sales and adjusted earnings of $7.28 a share.

The stock market dipped on Wednesday, driven by a decline in tech stocks and Target announcing the appointment of a new CEO

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.

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%).

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.

Shares in Target sank after the retailer reported its 11th straight quarter of flat or falling sales, and said Chief Operating Officer Michael Fiddelke will become its next chief executive. Target stock dropped more than 10% in premarket trading,