News & Events:TGT

One of the major indices, the S&P 500, is down more than 2% for the week. Despite consumer demand being high and companies getting away with passing off higher production costs via higher prices, the S&P 500 is sliding into bear market territory amid fears the Fed will hike interest rates at a rate that will send the U.S. into a recession.

U.S. indices finished Thursday's trading session lower. Here are the day's winners and losers from the S&P 500, according to data from Benzinga Pro. Synopsys, Inc., MarketAxess Holdings Inc. and Enphase Energy Inc were among the top gainers. Under Armour Inc, Cisco Systems Inc and Philip Morris International Inc. were among the top losers.

* Cisco (CSCO) tumbles on full-year growth forecast cut. * Canada Goose jumps after upbeat profit outlook. * S&P 500 -0.58%, Nasdaq -0.26%, Dow -0.75% By Devik Jain and Noel Randewich. May 19 - Wall Street ended lower after a volatile session on Thursday, with Cisco Systems (CSCO) slumping after giving a dismal outlook, while investors fretted about inflation and rising interest rates.

* Cisco (CSCO) tumbles on full-year growth forecast cut. * Canada Goose jumps after upbeat profit outlook. By Devik Jain and Noel Randewich. May 19 - The S&P 500 ended lower after a volatile session on Thursday, with Cisco Systems (CSCO) slumping after giving a dismal outlook, while investors fretted about inflation and rising interest rates.

* Global shares slide as Wall Street cools a bit. * Bonds rally on safety appeal, dollar backs away from highs. * Graphic: Global asset performance http://tmsnrt.rs/2yaDPgn. * Graphic: World FX rates http://tmsnrt.rs/2egbfVh. By Herbert Lash.

* Cisco (CSCO) tumbles on full-year growth forecast cut. * Canada Goose jumps after upbeat profit outlook. * Indexes: S&P 500 -0.17%, Nasdaq +0.38%, Dow -0.47% By Devik Jain and Noel Randewich. May 19 - Wall Street was mixed on Thursday, with Cisco Systems (CSCO) slumping following a dismal outlook, while Nvidia (NVDA) and other megacap growth stocks rebounded after recent losses.

Walmart (WMT), Target (TGT) and Kohl's were among major retailers that reported earnings this week that missed Wall Street expectations by the widest margin in at least five years, underscoring the wallop four-decade-high inflation is bringing to U.S. shoppers' wallets and retailers' bottom lines.

Target Corp reported worse-than-expected earnings results on Wednesday, which led several analysts to lower price targets on the stock. Off Target: Target said first-quarter revenue increased 4% year-over-year to $25.17 billion, which beat the $24.37-billion estimate, according to data from Benzinga Pro.

* Cisco (CSCO) slides on full-year growth forecast cut. * Canada Goose jumps after upbeat profit outlook. * Indexes: Dow down 0.63%, S&P off 0.07%, Nasdaq up 0.75% By Devik Jain and Amruta Khandekar. May 19 - The S&P 500 and the Dow fell for the second straight day on Thursday as Cisco Systems (CSCO) slumped following a dismal outlook, while a rebound in megacap growth stocks boosted the battered Nasdaq.

* Global shares slide as Wall Street cools a bit. * Bonds rally on safety appeal, dollar backs away from highs. * Graphic: Global asset performance http://tmsnrt.rs/2yaDPgn. * Graphic: World FX rates http://tmsnrt.rs/2egbfVh. By Herbert Lash and Marc Jones.

BMO Capital has decided to maintain its Outperform rating of Target and lower its price target from $250.00 to $210.00. Shares of Target are trading down 4.06% over the last 24 hours, at $155.06 per share. A move to $210.00 would account for a 35.44% increase from the current share price.

* Kohl's falls on full-year forecast cut. * Canada Goose jumps on upbeat profit outlook. * Indexes: Dow off 0.89%, S&P slips 0.42%, Nasdaq up 0.26% By Devik Jain and Amruta Khandekar.

* Stocks tumble after retail giants warn of inflation pain. * Bonds rally on safety appeal, dollar backs away from highs. * China tech whacked by dismal Tencent (TCTZF) earnings. * Oil cooled by growth concerns, Venezuela hopes. * Graphic: Global asset performance http://tmsnrt.rs/2yaDPgn. * Graphic: World FX rates http://tmsnrt.rs/2egbfVh. By Marc Jones.

BMO Capital upgraded the previous rating for Public Storage from Market Perform to Outperform. Morgan Stanley upgraded the previous rating for Reinsurance Group of America Inc from Underweight to Equal-Weight. See all analyst ratings upgrades. Williams Capital downgraded the previous rating for Under Armour Inc from Buy to Hold.

- Wall Street was mixed on Thursday, with Cisco Systems slumping following a dismal outlook, while Nvidia (NVDA) and other megacap growth stocks rebounded after recent losses. Shares of Cisco dropped 14.4% after the networking gear maker lowered its 2022 revenue growth outlook, taking a hit from its Russia exit and component shortages related to COVID-19 lockdowns in China.

* Kohl's falls on full-year forecast cut. * Canada Goose jumps on upbeat profit outlook. * Futures down: Dow 1.14%, S&P 1.15%, Nasdaq 1.17% By Devik Jain and Amruta Khandekar. May 19 - U.S. stock indexes were set to open sharply lower on Thursday after the S&P 500's biggest rout this year as investors fretted over the impact of surging inflation on the economy and corporate earnings.

Check out this: Zoom Video And 2 Other Stocks Insiders Are Selling Don't forget to check out our premarket coverage here .

* Stocks tumble after retail giants warn of inflation pain. * Bonds rally on safety appeal, dollar backs away from highs. * China tech whacked by dismal Tencent (TCTZF) earnings. * Oil cooled by growth concerns, Venezuela hopes. * Graphic: Global asset performance http://tmsnrt.rs/2yaDPgn. * Graphic: World FX rates http://tmsnrt.rs/2egbfVh. By Marc Jones.

The Biden administration is invoking the Defense Production Act to increase baby formula production, requiring suppliers to prioritize giving resources to U.S. formula manufacturers.

-Kohl's Corp cut its full-year earnings forecast on Thursday, joining some of the largest U.S. retailers in warning that red-hot inflation is starting to erode profit margins and consumer spending power. Walmart Inc (WMT) and Target Corp (TGT) reported substantial drops in quarterly earnings this week due to surging fuel and freight costs, and warned rising prices are pushing consumers to prioritize spending.