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Stocks rebound following Fed minutes

Stocks are pairing losses on a big, big news day. Plus, the volcano eruption in Hawaii intensifying. What does this mean for a state heavily dependent on tourism? Hawaii’s governor joins us, live. And a judge says Trump can’t block the haters on Twitter. Does this open up a slippery slope for Twitter? Plus, Daymond John is here to discuss startups, retail, the market, and a new cause, Heroes to CEOs. Catch The Final Round at 3:55 ET p.m. with Jen Rogers and Yahoo Finance markets correspondent Myles Udland, and Yahoo Finance Editor-in-Chief Andy Serwer.

Winners and losers

Stocks in the red include Target, as revenue for the discount retailer was slightly below forecast—and surprise, surprise—it blamed weather for delaying some sales; WPP as the advertising giant lost HSBC as a client; and The Container Store, with shares sliding after the home storage retailer reported an earnings miss and sales guidance that disappointed.

Stocks in the green include Tiffany, as the jeweler posted a trifecta: a sales beat, raised its profit forecast for the year, and announced a $1 billion buyback plan; Ralph Lauren as the high-end retailer reported a profit beat, as it sold more products at full-price, boosting margins; and Lowe’s, with shares up despite a revenue miss, as the home improvement retailer said it was encouraged by strong sales so far this month. Separately, activist Bill Ackman’s Pershing Square reported a $1 billion stake in Lowe’s last night.

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