US STOCKS-Target, Lowe’s results boost Wall St; stocks hold gains after Fed minutes

Wall Street’s main indexes rose on Wednesday as upbeat earnings from retailers pointed to strength in U.S. consumer demand, and stocks held gains after minutes from the Federal Reserve’s meeting last month showed that policymakers had debated a more aggressive rate cut. U.S. stocks opened solidly higher following better-than-expected results from retailers Target Corp and Lowe’s Cos Inc. Target shares surged 19.4% after the big-box retailer raised its annual earnings forecast.

source https://finance.yahoo.com/news/us-stocks-target-lowes-results-183449137.html?.tsrc=rss

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