Target, Macy’s, JD.com: Top retail stocks making moves today

US stocks drifted higher on Wednesday, and while some investors were focused on the Labor Department’s downward revisions to earlier jobs growth, three key retail names were making big moves — Target (TGT), Macy’s (M), and JD.com (JD). Target Target stock jumped as much as 12% after the company reported better-than-expected second quarter results, topping Wall Street expectations on profit and revenue. Gross profit margins rose to 28.9%, up from 27% a year ago. The retail powerhouse also saw a 3% increase in store traffic during the quarter as it slashed prices this summer on 5,000 daily essentials — items…