From Quartz.
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On Tuesday, S&P 500 futures fell over 1.5% and the Dow Jones Industrial Average dropped 800 points, highlighting broad risk aversion. Safe haven flows into gold accelerated as S&P 500 futures weakened, and Dow Jones Industrial Average losses deepened. The VIX jumped 30%, and Target earnings drew attention amid the deepening U.S.-Iran conflict.
Target reported Q4 net sales of $30.5 billion, down 1.5% year over year, with comparable sales off 2.5% and traffic down about 3%, while spend per visit edged higher. Food & Beverage, Beauty, and Toys grew; same-day delivery rose over 30%, and membership revenue more than doubled. Adjusted EPS reached $2.44 versus $2.41 last year. The company cited a positive February trend and guided to about 2% 2026 net sales growth. #targetearnings #markettrends #retailnews #investorinsights #economicupdate
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