Fed Minutes Point to Holding Rates Steady | Bloomberg Businessweek Daily 11/19/2025

The S&P 500 index ended its four-day losing streak, showing a positive shift in the U.S. market as investors awaited Nvidia's earnings report. This recovery comes after a period of declines attributed to concerns over Nvidia's performance and broader market volatility. The closing bell coverage was provided by Bloomberg Television and Radio.

Lowe's Cos. reported profits exceeding expectations, driven by increased online sales and demand from professional contractors. This positive outcome contrasts with competitor Home Depot, which recently lowered its full-year profit forecast due to decreased consumer spending on larger purchases. Meanwhile, TJX Cos. raised its sales outlook, indicating a shift towards budget-friendly shopping options as economic pressures mount.

"Bloomberg Markets" covers the latest market movements across global asset classes and addresses key issues affecting Wall Street. Featured guests include Adobe President Anil Chakravarthy, Middle East Institute Senior Fellow Paul Salem, and Bloomberg analysts Ben Scent, Chris Palmeri, John Harney, Stuart Paul, Emily Cohn, and Redd Brown.

Blue Owl Capital Inc. has canceled the merger of its two private-credit funds, Blue Owl Capital Corp. and Blue Owl Capital Corp. II, due to concerns over potential investor losses that have negatively impacted its shares. The firm will reassess its options in light of current market conditions. This decision comes as Blue Owl's shares are on track for their lowest closing level since December 2023.

Truist Securities has lowered its stock price target for Lowe's to $256, citing pressures in the housing market. This adjustment reflects concerns about the company's performance amid ongoing challenges in the home improvement sector. The negative sentiment surrounding this decision indicates a cautious outlook for Lowe's in the current economic climate.

Lowe's reported third-quarter sales of $20.81 billion, driven by growth in its professional builder segment. The company expressed optimism that the ongoing downturn in home improvement may be beginning to reverse, indicating a potential recovery in the market.

Wolfe Research has maintained its stock price target for Lowe's at $308. This decision reflects the firm's confidence in Lowe's market position despite challenges in the home improvement sector. The stock target indicates a stable outlook for the company amidst fluctuating market conditions.

Blue Owl has decided to cancel the merger of its private credit funds, a move that could potentially lead to losses of up to 20% for investors involved in one of the funds. This decision reflects the company's cautious approach in navigating the current market conditions.