NEW YORK— U.S. stocks rose slightly Wednesday as Urban Outfitters and Target helped retailers rally. Urban Outfitters and Target did better in the second quarter than analysts expected, and Target raised its forecasts for the year. With Wal-Mart and Ross Stores in line to report their own results Thursday, investors could change their minds again.
Neff Corp., up $4.15 to $26. Fiat Chrysler Automobiles NV, up 99 cents to $12.60. Newmont Mining Corp., down 51 cents to $36.02.
Is there trouble ahead for Target? And Home Depot reports, with Options Action trader Mike Khouw.
As of Monday, about 70 percent of retailers and restaurants have reported second-quarter earnings results.
It's a big week for retail earnings. The "Halftime Report" traders debate which retail names investors should go shopping for.
To boost its grocery business, the company said it hired executives from rival Walmart and from Cheerios maker General Mills. Target's grocery section hasn't been as big a draw for shoppers as the department has been for Walmart. Mark Kenny, who will join Target from Walmart later this month, will oversee Target's meat, seafood and deli sections.
Home Depot is up around 15 percent this year, but one technician warns that it could be in trouble as it gears up to report earnings.
Target announced plans on Monday to acquire Grand Junction, a San-Francisco based transportation technology company.
German grocer Aldi said on Sunday it has partnered with Instacart to deliver groceries in three U.S. cities.
PHILADELPHIA— Police say someone has shot a man outside a Target store in Philadelphia and has escaped. Police initially said they had arrested one gunman and a SWAT team was evacuating the store in search of a second gunman. The press office for the Minneapolis- based Target Corp. hasn't responded to a voicemail message and an email seeking comment.
The market could be getting more volatile, with concerns about North Korea accelerating a sell-off that analysts had expected to see anyway.
J.C. Penney hasn't given as much attention to its women's apparel division, until now, but the push could be too late.
CNBC's Courtney Reagan takes a look at JCPenney's quarterly earnings and what to expect next week for other big retail names reporting second-quarter results.
Stacey Widlitz of SW Retail Advisors rounds up this week's earnings results.
One portfolio manager is cautioning some investors who may look to beaten-down brick-and-mortar retail stocks as a value play.
The "Fast Money" traders give you 4 ways to trade the retail bump
Early signs are hinting at negative to flat same-store sales across the board for department stores, JPMorgan says.
Jefferies reined in expectations for back-to-school sales after its survey showed shifts in customer intentions to buy apparel this fall.
A slew of REITs has offered a much-anticipated checkup on the health of retail's real estate.
If anyone is in the market to buy a grocery chain, Sprouts Farmers Market is the one, according to JPMorgan.