Indices landed in the red zone on Wednesday, May 22, 2019. Stocks dipped as trade tensions ramped up. Brands including Apple, Boeing and Qualcomm sold off. On another note, Lowe’s slipped 11.8% to $97.95 on missed first-quarter earnings expectations and reduced full-year guidance. Meanwhile, Target tacked on 7.8% to $77.54 on stronger-than-expected first-quarter earnings and reaffirmed full-year outlook. Looking elsewhere, Fed minutes from the April 30-May 1 policy meeting were released today, and commentary revealed no rate moves expected for the immediate future even if the economy improves.