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What to Expect in Markets This Week: Costco, Other Consumer Companies Report; U.S. Central Bankers Hit the Conference Circuit
Costco is slated to hand in quarterly results this week.Credit: Zak Bennett / Bloomberg via Getty ImagesThe Fed ended months of speculation when it raised interest rates last week. With that round of uncertainty resolved, Wall Street may shift its focus back to more everyday matters, such as fuel and food sales—at least, partly.Costco Wholesale could provide clues on how consumers are faring when it hands in its quarterly results. Drivers turned to the warehouse club as gas prices shot up, buying a record amount of its discounted fuel last quarter. Oil and gas prices are climbing again…
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