Stock Market Today - 5/18: Dow Tumbles 1,164 Points on Target Miss, Powell Inflation Comments [TheStreet.com]
Lowe's Companies, Inc. (LOW)
Last lowe's companies, inc. earnings: 2/26 06:00 am
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Source: TheStreet.com
Stocks ended sharply lower Wednesday following disappointing results from another major retailer and comments from Federal Reserve Chair Jerome Powell regarding the Fed's efforts to combat inflation.The Dow Jones Industrial Average finished down 1,164 points, or 3.57%, to 31,490, it's biggest decline since October 2020.The S&P 500 lost 4.04% and the tech-heavy Nasdaq dropped 4.73%.Supply Chain WoesThe Dow's decline was its eighth worst one-day point decline ever. The S&P 500 and Nasdaq point slides were also among each index's ten worst. However, none of the major index's percentage declines ranked in the top 20.Target(TGTGet Target Corporation Reportreported fiscal-first-quarter earnings tTarget's earnings miss came one day after WalmartWMTGet Walmart Inc. Reportposted weaker-than-expected fiscal-first-quarter earnings"Thanks to healthy consumer spending, both Target and Walmart announced that their first-quarter sales rose,Lowe'sLOWGet Lowe's Companies, Inc. Report"Now that's sprin
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Earnings
- 2/27/24 - Beat
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Sec Filings
- 4/18/24 - Form ARS
- 4/18/24 - Form DEFA14A
- 4/18/24 - Form DEF
- LOW's page on the SEC website