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Target Corp. missed analysts' forecasts for its second quarter revenue and offered a muted outlook for sales. But the company said it hopes to offset weak sales with higher sales of groceries and its new discounts for credit card holders.

The Dow Jones industrial average rose 9,69, or 0.1%, to 10,415.54. The Standard & Poor's 500 index rose 1.62, or 0.2%, to 1,094.16. The Nasdaq composite Moncler Women's Jackets index rose 6.26, or 0.3%, to 2,215.70 Moncler Handbags.

Gainers were ahead of losers by 3 to 2 on the New York Stock Exchange. Volume was again extremely light, mostly because of vacations, but also because many investors don't have enough of a sense of the economy's strength. That's making them hold off of any major moves.

Retailers continued reporting their second-quarter earnings, and investors were ambivalent about the results.

Besides Target,Moncler Women's T-shirts BJ's Wholesale Club Inc. lowered its earnings outlook for the year. Its stock dropped.

The reports came a day after Wal-Mart Stores Inc. and Home Depot Inc. issued numbers that were more upbeat. So investors were again presented with numbers that appeared contradictory, and that spelled more uncertainty about the economy.

Moncler Women's VestsWednesday's trading was muted, and that was to be expected after investors on Tuesday showed their first real enthusiasm for stocks in weeks and sent the Dow up 103 points. There were no big economic reports planned Wednesday. And any big gains were likely to be given back simply because investors don't trust stocks to put together a solid advance.

Moncler Women's Vests Treasurys remained a destination for investors seeking a safer place than stocks to put their money. The 10-year Treasury yield fell to 2.61% from 2.64% late Tuesday.

John Stoltzfus, senior market strategist with Ticonderoga Securities in New York, said the market is becoming increasingly dominated by a "What have you done for me lately?" attitude and responding to daily reports about the economy.

"We live from economic data point to economic data point," he said. "That will probably continue at least until the end of the summer as we wait for some kind of catalyst that would give the market better definition."

BHP Billiton's $38.5 billion takeover offer for fertilizer producer Potash Corp. of Saskatchewan turned hostile Wednesday. Potash had called BHP's offer grossly inadequate. The announcement of the bid and Potash's rejection Tuesday helped feed the rally in stocks. Mergers and acquisitions activity tends to lift the market because it shows investors' confidence in the economy.

Overseas, Japan's Nikkei 225 index closed up 0.9%. In later European trading, London's FT-SE 100 index fell 0.8%. Germany's DAX index fell 0.3%, while the CAC-40 index in Paris fell 0.7%.

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