Stocks Fell Slightly at Open

U.S. stocks opened slightly lower on Tuesday, as investors sought tangible details of a trade deal between the U.S. and China. The Dow Jones Industrial Average lately fell 66.02 points, or 0.26%, to 25,753.63. The S&P 500 was down 7.89 points, or 0.28%, to 2,784.92. The tNasdaq Composite declined 32.54 points, or 0.43%, to 7,545.03.

Oil futures edged higher Tuesday, on track for a second day of gains, though upside was seen being potentially capped by the restart of a Libyan oil field. West Texas Intermediate crude for April delivery rose 12 cents, or 0.2%, to $56.71 a barrel, while May Brent rose 16 cents, or 0.2%, to $65.83 a barrel.

Target Corp forecast 2019 profit above Wall Street estimates on Tuesday. Target’s comparable sales, that include both in-store and digital sales, rose 5.3 percent, beating analysts estimate of 5.08 percent, according to IBES data from Refinitiv. The company forecast 2019 adjusted profit between $5.75 and $6.05 per share, above analysts expectations of $5.61 per share.

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