Tag Archives: steady

Stocks steady as focus turns to Fed rate cuts

Wall Avenue shares hit pause initially of a holiday-shortened week, holding regular after notching their third straight week of wins as hopes for a retreat in US interest-rate hikes persevered. Futures tied to the S&P 500 (^GSPC) and the Dow Jones Industrial Common (^DJI) hovered simply above the flatline, whereas these on the tech-heavy Nasdaq 100 (^NDX) had been up …

Read More »

Costco Q4 earnings top estimates, sales hold steady amid high gas prices

Costco’s (COST) fourth quarter outcomes beat estimates on each the highest and backside strains as shoppers continued to flock to the retailer for worth. For the fiscal fourth quarter, Costco reported adjusted earnings per share of $4.86, larger than Wall Road expectations of $4.78. Income additionally got here in larger at $78.94 billion, in comparison with expectations of $77.72 billion, …

Read More »