Stock Market Update

[BRIEFING.COM] As the market enters the final half hour of the session, the major averages continue their steady retreat, charting new lows for the day.

While there was a fair share of stock-specific headlines today, none were influential enough to steer the market off of its downward path.

Politico reports that the White House is planning a trilateral meeting between the presidents of the U.S., Russia, and Ukraine in Budapest. The developments around the war in Ukraine have done little to sway the market, but a definitive end to the conflict could be seen as a positive, though this is likely still some time away. 

Additionally, the market will look to several big box retailers' earnings reports before the open tomorrow for inspiration, with Lowe's (LOW 255.96, +5.08, +2.02%), TJX (TJX 134.47, +1.41, +1.06%), and Target (TGT 105.15, +0.20, +0.19%) set to report.