The Dow Jones, S&P 500, Nasdaq-100, and Russell 2000 all ended lower. Only four of the eleven S&P 500 sectors ended higher with real estate and utilities leading the way. Dick's (DKS) sporting goods plummeted more than 24% after earnings missed by a wide margin. Macy's (M) fell 14% and sunk to a new low for the year after disappointing earnings showed same store sales dropped 8% year-over-year. Hasbro (HAS) shares climbed to a 10-month high after bank of America raised its price target on the stock to $90 from $85/share. Tune in to find out more about what to watch for tomorrow and the stock market today.
22 Aug 2023
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