(Image by Gerd Altmann from Pixabay)
(CNBC) -- Stocks rose Tuesday even after Target issued a warning about its current quarter’s profits, which put pressure on the broader retail sector.
The Dow Jones Industrial Average gained 264 points, 0.8%. The S&P 500 and Nasdaq Composite rose 0.95% and 0.94%, respectively. The indexes opened solidly lower but trimmed those losses and turned positive as the day progressed.
The gains for the averages came in spite of weakness for retail stocks.
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