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Wednesday, August 21, 2019

Target, Lowe's drive Wall Street higher

© Reuters. Traders work on the floor at the New York Stock Exchange (NYSE) in New York© Reuters. Traders work on the floor at the New York Stock Exchange (NYSE) in New York



(Reuters) - U.S. stocks opened higher on Wednesday, as strong results from Lowe's and Target (NYSE:TGT) boosted retailers, while investors awaited minutes from the Federal Reserve's July policy meeting due later in the day.

The Dow Jones Industrial Average (DJI) rose 182.92 points, or 0.70%, at the open to 26,145.36.


The S&P 500 (SPX) opened 21.53 points, or 0.74%, higher at 2,922.04. The Nasdaq Composite (IXIC) gained 68.51 points, or 0.86%, to 8,017.07 at the opening bell.

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