Stocks sag in a weak open; Target shares in focus

Target's weak results, tariff worries and deficit concerns weigh on stocks overall. Bond yields rise.

May 21, 2025 - 15:44
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Stocks sag in a weak open; Target shares in focus

Updated: 10 a.m. ET

Stocks opened broadly lower on Wednesday, pushed lower by weak earnings from retailers Target  (TGT)  and TJX (TJX)  and worries about rising interest rates. 

The losses, if they hold, would be the second consecutive market decline.