US futures mark time ahead of US jobs report
From Yahoo Finance:
US stock futures dipped slightly on Friday after hitting record highs, with all eyes on the upcoming US jobs report. S&P 500 futures were down 0.1%, while Dow Jones futures slid 0.4% and Nasdaq 100 futures fell 0.2%. Federal Reserve Chair Jerome Powell hinted at potential interest-rate cuts. European Central Bank policymakers support a rate cut, while Bank of Japan officials may lift rates out of negative territory. Market reactions varied as Costco shares slipped on a sales miss, and Broadcom’s revenue beat failed to impress. Gold futures continued to rally amid Fed rate cut speculation.
Costco continues to thrive as it maintains its unique approach to business. Offering giant $1.50 hot dogs and expanding into the sushi business, the company’s stock has risen 245% in the past five years. With an 18% increase in online sales and unique offerings like tomahawk steaks, Costco’s success is driven by its commitment to providing quality at an affordable price, keeping customers happy and loyal. With the future looking bright, Costco’s innovative approach continues to set it apart in the retail industry.
Read more at Yahoo Finance: US futures mark time ahead of US jobs report