--- title: "Nasdaq Gains 100 Points; Target Earnings Top Views" type: "News" locale: "en" url: "https://longbridge.com/en/news/287079801.md" description: "U.S. stocks showed mixed results with the Nasdaq up 0.39% and the Dow down 0.03%. Target Corp reported strong earnings, exceeding estimates, and raised its FY2026 sales forecast. Oil prices fell by 2.4%, while mortgage applications declined by 2.3%. Notable stock movements included Silexion Therapeutics up 126% and Jayud Global Logistics down 52%. European markets rose, while Asian markets mostly declined." datetime: "2026-05-20T13:46:38.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/287079801.md) - [en](https://longbridge.com/en/news/287079801.md) - [zh-HK](https://longbridge.com/zh-HK/news/287079801.md) --- # Nasdaq Gains 100 Points; Target Earnings Top Views U.S. stocks traded mixed this morning, with the Nasdaq Composite gaining around 100 points on Wednesday. Following the market opening Wednesday, the Dow traded down 0.03% to 49,349.19 while the NASDAQ gained 0.39% to 25,971.51. The S&P 500 also rose, gaining, 0.17% to 7,366.18. **Leading and Lagging Sectors** Information technology shares jumped by 0.7% on Wednesday. In trading on Wednesday, consumer staples stocks fell by 0.9%. **Top Headline** **Target Corp** (NYSE:TGT) reported upbeat earnings for the first quarter and raised its FY2026 sales forecast. The company posted quarterly earnings of $1.71 per share which beat the analyst consensus estimate of $1.46 per share. The company reported quarterly sales of $25.443 billion which beat the analyst consensus estimate of $24.639 billion ar. **Equities Trading UP**            - **Silexion Therapeutics Corp** (NASDAQ:SLXN) shares shot up 126% to $0.61. - Shares of **GCL Global Holdings Ltd** (NASDAQ:GCL) got a boost, surging 68% to $0.72. The move followed GCL's announcement Tuesday that its publishing subsidiary, 4Divinity Pte. Ltd., secured an additional $10 million strategic investment from ADATA Technology, a maker of memory, storage and gaming hardware products. - **Capstone Holding Corp** (NASDAQ:CAPS) shares were also up, gaining 43% to $0.44 after the company reported first-quarter financial results. **Equities Trading DOWN** - **Jayud Global Logistics Ltd** (NASDAQ:JYD) shares dropped 52% to $0.91. - Shares of **707 Cayman Holdings Ltd** (NASDAQ:JEM) were down 46% to $1.06. - **Lichen International Ltd** (NASDAQ:LICN) was down, falling 41% to $1.67. **Commodities** In commodity news, oil traded down 2.4% to $101.61 while gold traded down 0.2% at $4,500.70. Silver traded up 0.9% to $75.815 on Wednesday, while copper rose 0.7% to $6.2475. **Euro zone** European shares were higher today. The eurozone's STOXX 600 gained 0.5%, while Spain's IBEX 35 Index rose 0.5%. London's FTSE 100 gained 0.2%, Germany's DAX rose 0.4%, while France's CAC 40 rose 0.5%. **Asia Pacific Markets** Asian markets closed mostly lower on Wednesday, with Japan's Nikkei 225 falling 1.23%, Hong Kong's Hang Seng Index falling 0.57%, China's Shanghai Composite declining 0.18% and India's BSE Sensex gaining 0.16% **Economics** U.S. mortgage applications declined by 2.3% in the second week of May, following a 1.7% gain in the previous period. _Photo via Shutterstock_ ### Related Stocks - [.IXIC.US](https://longbridge.com/en/quote/.IXIC.US.md) - [TGT.US](https://longbridge.com/en/quote/TGT.US.md) - [SLXN.US](https://longbridge.com/en/quote/SLXN.US.md) - [JYD.US](https://longbridge.com/en/quote/JYD.US.md) - [XRT.US](https://longbridge.com/en/quote/XRT.US.md) - [QQQM.US](https://longbridge.com/en/quote/QQQM.US.md) - [RTH.US](https://longbridge.com/en/quote/RTH.US.md) - [QQQ.US](https://longbridge.com/en/quote/QQQ.US.md) - [ONEQ.US](https://longbridge.com/en/quote/ONEQ.US.md) - [.DJI.US](https://longbridge.com/en/quote/.DJI.US.md) - [.SPX.US](https://longbridge.com/en/quote/.SPX.US.md) - [GCL.US](https://longbridge.com/en/quote/GCL.US.md) - [CAPS.US](https://longbridge.com/en/quote/CAPS.US.md) - [JEM.US](https://longbridge.com/en/quote/JEM.US.md) - [LICN.US](https://longbridge.com/en/quote/LICN.US.md) - [SLXNW.US](https://longbridge.com/en/quote/SLXNW.US.md) - [GCLWW.US](https://longbridge.com/en/quote/GCLWW.US.md) ## Related News & Research - [TGT Stock Alert: What to Know as Target Taps Former Walmart Exec](https://longbridge.com/en/news/286957668.md) - [Target reports stronger-than-expected sales during early stages of turnaround plan](https://longbridge.com/en/news/287050443.md) - [Target's turnaround involves upscale baby gear and revamped shopping carts - and it's starting to pay off](https://longbridge.com/en/news/287048934.md) - [Target grabs a much-needed win by going all in on style and value](https://longbridge.com/en/news/287050232.md) - [Activist Challenge To Target’s Board Amid Assortment Refresh Could Be A Game Changer For Target (TGT)](https://longbridge.com/en/news/286635672.md)