US STOCKS-Target, Lowe’s earnings push Wall St higher ahead of Fed minutes

Wall Street’s main indexes rose about 1% on Wednesday, as upbeat earnings from retailers Lowe’s and Target reinforced confidence in consumer demand, while investors awaited the release of the Fed minutes for further clues on the path of interest rate cuts. Big-box retailer Target Corp surged 19.5%, set for its biggest one-day percentage jump, after it raised its annual earnings forecast.

source https://finance.yahoo.com/news/us-stocks-target-lowes-earnings-164354710.html?.tsrc=rss

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