Stocks
Dow Surges as Target Tops Q2 Earnings Expectations
The US stock market saw gains on Wednesday, with the Dow Jones index rising by over 100 points.
The Dow traded up 0.25% to 53,476.44, while the NASDAQ rose 0.10% to 26,317.02 and the S&P 500 gained 0.37% to 7,719.97.
Healthcare shares led the pack, increasing by 3.1%, but information technology stocks fell by 0.3%.
The standout performer was Target Corp (NYSE:TGT), which reported better-than-expected earnings for the second quarter, beating analyst estimates with quarterly earnings of $2.46 per share and sales of $26.539 billion.