|Bid||90.90 x 900|
|Ask||90.95 x 900|
|Day's range||90.55 - 92.33|
|52-week range||82.22 - 131.31|
|Beta (5Y monthly)||1.12|
|PE ratio (TTM)||28.13|
|Earnings date||28 Sept 2023|
|Forward dividend & yield||1.36 (1.48%)|
|Ex-dividend date||01 Sept 2023|
|1y target est||123.50|
President Joe Biden is traveling to Michigan on Tuesday, September 26th to support the UAW strikes. Former President Donald Trump says he will visit with autoworkers in Detroit on Wednesday instead of attending the second Republican presidential debate. On the earnings side, Costco (COST) will be reporting its fourth quarter results next week as well as Nike (NKE), which will be reporting its first quarter results on Thursday, September 28th. On the economic front, the consumer confidence index for September will be released on Tuesday, September 26th. Core PCE inflation data for August will be released on Friday, September 29th. This is one of the key economic data points that the Federal Reserve will be looking at for its next interest rate hike decision. Yahoo Finance's Josh Lipton takes a look at what to watch next week. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
UBS analysts spoke to consumers and found out a lot of them are being cautious about their spending. As a result, they are looking to maybe pull back their spending on things like clothing and accessories. UBS U.S. Softline and Luxury Analyst Jay Sole, who conducted the research, says "all the softline companies are going to be impacted." "What we're seeing is a broad-based slowdown... across all demographic groups," Sole tells Yahoo Finance Live. However, Sole says given that there has been a bit of an inventory build-up and that he expects demand will slow down even more, there could be more promotions for consumers to take advantage of. If you want to find out which companies Sole likes right now, watch the video above. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
So far, we've had a few S&P 500 companies reveal quarterly results, but the sample size is too small to draw any conclusions from.