Retailer Target disappointed with third quarter earnings and its outlook statement and its share price fell 13.1%. Shares in chipmaker Micron Technology fell 6.7% after is said it would reduce memory chip supply and cut its capital expenditure plans. But shares in home improvement retailer Lowe's rose by 3.0% after increasing its annual profit forecast. At the close the Dow Jones index was down by 39 points or 0.1%. The S&P 500 index fell by 0.8%. The Nasdaq index was down by 175 points or...
Retailer Target disappointed with third quarter earnings and its outlook statement and its share price fell 13.1%. Shares in chipmaker Micron Technology fell 6.7% after is said it would reduce memory chip supply and cut its capital expenditure plans. But shares in home improvement retailer Lowe's rose by 3.0% after increasing its annual profit forecast. At the close the Dow Jones index was down by 39 points or 0.1%. The S&P 500 index fell by 0.8%. The Nasdaq index was down by 175 points or 1.5%.
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