Stock Market Today: Stocks Wobble as February Draws to a Close

The major benchmarks struggled for direction on the final session of a tough month.

stock market chart
(Image credit: Getty Images)

It was a wobbly end to a tough month for stocks. 

All three major benchmarks finished February in the red as strong readings on both the U.S. economy and inflation have heightened fears that the Fed could continue raising interest rates and keep them higher for longer. Today's economic data, as well as cautious guidance from Target (TGT), sparked even more uncertainty for investors, and had stocks struggling for direction into the close. 

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Karee Venema
Senior Investing Editor, Kiplinger.com

With over a decade of experience writing about the stock market, Karee Venema is the senior investing editor at Kiplinger.com. She joined the publication in April 2021 after 10 years of working as an investing writer and columnist at Schaeffer's Investment Research. In her previous role, Karee focused primarily on options trading, as well as technical, fundamental and sentiment analysis.