US stocks give back some of the gains from yesterday

Yesterday, the major indices Indices Stock market indices represents an index that measures a particular stock market or a segment of the stock market. These instruments are important investors as they help compare current price levels with past prices to calculate market performance.The main two parameters for indices are that they are both investable and transparent. For example, investors can invest in a stock market index by buying an index fund, which is structured as either a mutual fund or an exchange-traded fund, and track Stock market indices represents an index that measures a particular stock market or a segment of the stock market. These instruments are important investors as they help compare current price levels with past prices to calculate market performance.The main two parameters for indices are that they are both investable and transparent. For example, investors can invest in a stock market index by buying an index fund, which is structured as either a mutual fund or an exchange-traded fund, and track Read this Term closed higher across the board with the NASDAQ index up 321.73 points. The Dow industrial average rose 431.17 points led by banks and technology.

Today some of those gains are being erased. A snapshot of the market currently shows:

• Dow industrial average -323 points or -0.99% at 32329
• S&P index -47.3 points -1.16% at 4041
• NASDAQ NASDAQ The Nasdaq Stock Market or NASDAQ is an American stock exchange. It trails only the New York Stock Exchange (NYSE) in market capitalization and is part of a network of stock markets and options exchanges.Launched back in 1971, NASDAQ is the acronym for the National Association of Securities Dealers Automated Quotations. Since then it is known simply as NASDAQ and has become one of the most influential exchanges worldwide.The NASDAQ was the world’s first electronic stock market, and has since ass The Nasdaq Stock Market or NASDAQ is an American stock exchange. It trails only the New York Stock Exchange (NYSE) in market capitalization and is part of a network of stock markets and options exchanges.Launched back in 1971, NASDAQ is the acronym for the National Association of Securities Dealers Automated Quotations. Since then it is known simply as NASDAQ and has become one of the most influential exchanges worldwide.The NASDAQ was the world’s first electronic stock market, and has since ass Read this Term index -164 points or -1.37% at 11819
• Russell 2000-23.44 points or -1.28% at 1816.68

Target shares are sharply lower after reporting lower than expected earnings-per-share. Their stock price has fallen $55 or -25.38% at $160.59. That is the lowest level since November 2020. EPS came in at $2.19 vs. $3.08 expected

Shares of a Lowes are also moving lower with a decline of $-3.84 or -2.0% at $190.10 after they reported weaker guidance.

Walmart shares are also lower today by -3.88%. It has also traded below its 2021 low price of $126.28. The low price has reached $126.09.

Bank shares are lower as well with J.P. Morgan trading down -0.69%. Citigroup which rose sharply yesterday is trading down -0.54%. It was reported that Berkshire Hathaway had taken a position in Citigroup.