After four straight sessions of record high closes in the Dow Jones Industrial Average, the Donald Trump rally may finally be softening, with stocks moving lower early Wednesday. Though the blue-chip index remains close to the critical level of 19,000. Target (TGT) shares were in focus after posting third quarter adjusted earnings of $1.04 a share, topping estimates of $0.83. Same store sales, an important industry metric, fell 0.2%, although analysts were expecting a deeper 1.1% decline. Digital sales rose 26%, compared to the 16% growth seen in the previous quarter. Shares of Lowe's Companies (LOW) plunging after reporting third quarter earnings of $0.88 a share, missing Wall Street's estimates of $0.96. Revenue rose 9.6% year-over-year to $15.7 billion but fell short of forecasts. The home improvement retailer also lowered its full year earnings guidance. This as the company struggles to compete with Home Depot. TheStreet's Scott Gamm reports from Wall Street.
More from Video
AMSC CEO discusses that and China challenges.
One of pharma's biggest CEO's talks M&A action on the exchange.
Citi overcame a mixed print to send its stock surging on Monday.
There is a lot of Apple news to chew on Wednesday.