Stock Market Update
25-Sep-26 11:00 ET
Costco moves higher after earnings
Dow +162.68
at 51512.57,
Nasdaq +53.62
at 27014.04,
S&P +13.49
at 7717.72
[BRIEFING.COM] The major averages are back in modestly positive territory, though strength remains relatively concentrated in tech names.
Costco (COST 916.19, +19.71, +2.20%) is an exception, trading higher after its Q4 report paired better-than-expected earnings with resilient comparable-sales growth, improving renewal rates, and underlying margin progress. Adjusted comparable sales increased 6.7% and digitally enabled comps rose 19.8%, while stronger core profitability and operating leverage are outweighing slower membership growth, a large LIFO charge, and the non-recurring nature of tariff-refund benefits.
