With Target (TGT) including a cautious forecast in its third-quarter earnings statement, retailers are showing weakness during the morning. Target is down $2.29 to $48.00, accelerating its retreat in the past 45 minutes and reaching its lowest level since the first half of October.
JC Penney (JCP) is another notable loser in the group, falling $1.47 to $29.61. Best Buy (BBY) is down $1.52 to $41.41.
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