Retailer stocks suffered broad and in many cases sharp declines Tuesday after a raft of disappointing earnings reports, highlighted by a tumble in Target Corp. shares to their worst stretch of losses since the Great Recession. The SPDR S&P Retail exchange-traded fund XRT, -3.32% dropped 3.4%, with 87 of its 95 equity components losing ground. → Read More

Treasury yields held their ground on Tuesday eve as stocks across the world came under pressure, prompted by concerns over a persistent decline in once-highflying U.S. tech companies and waning global growth. The 10-year Treasury note yield TMUBMUSD10Y, -0.21% was down 0.9 basis point to 3.050%, after it touched a six-week low on Monday. The → Read More

For the first time, all five FAANG stocks are in bear markets. Apple Inc.’s stock AAPL, -4.78% made it unanimous Tuesday, as it tumbled 4.8% to the lowest close since May 3, helped there by a price target cut at Goldman Sachs. The stock closed 23.7% below its Oct. 3 record close of $232.07. Many → Read More

Getty Images President Trump participates in a turkey-pardoning event at the Rose Garden of the White House Tuesday. President Donald Trump on Tuesday said the U.S. was standing with Saudi Arabia, signaling his administration won’t take action against the country’s crown prince over the death of journalist Jamal Khashoggi. ‘STEADFAST PARTNER’ In a statement stressing → Read More

Want to invest like the 400 richest Americans? Of course you do. Their average net worth is $7.2 billion, according to Forbes Magazine. But that doesn’t mean getting shoot-the-lights out returns. In fact, only a handful of those on the Forbes list got there through investing. They instead made their fortunes elsewhere, and then went → Read More

Share repurchases have been one factor investors have counted on in recent years to power the bull market, and it’s easy to see why some traders have placed their hopes on buybacks again this year. Analysts at Goldman Sachs predict that the total dollar amount of share repurchases by companies in the S&P 500 SPX, → Read More

Getty Images Lowe’s CEO Marvin Ellison identified a number of problems plaguing the retailer, including out-of-stocks Among the many announcements Lowe’s Corp. made with its third-quarter earnings, Chief Executive Marvin Ellison said the home repair retailer “substantially completed” a review of the business, and then listed all of the problems facing the company. “[O]ut-of-stocks continue → Read More

Our firm bought Apple shares for clients’ portfolios in 2013, and we are used to being a contrarian voice when it comes to the stock — we loved it when it was hated. Now we are contrarian again — this time going against the company’s faithful. Here are key reasons why we sold our entire → Read More

Tesla Inc.’s batteries are actually cheaper to produce than analysts at UBS had estimated, thanks to economies of scale and chemical composition, keeping the Silicon Valley car maker ahead of the competition, analysts at UBS said in a note this week. In the latest in a series of notes based on complete teardowns, UBS analysts → Read More

Cannabis stocks turned mixed in afternoon trade Tuesday, but most of the bigger players remained higher, shrugging off the rout in the broader market as investors continued to sell off technology and internet stocks. There was little news driving the gains, which come a week after the first crop of earnings from Canadian companies since → Read More