Stocks higher, Senate shutdown progress, Costco, Microsoft, Micron

Five things you need to know before the market opens on Wednesday September 27:

1. — Stock Market Today: Treasury yield pullback sets up modest bounce for Wall Street

Stocks are looking for a modest opening bell boost from a pullback in Treasury bond yields, but market volatility gauges suggest a bumpy session ahead.

2. — Senate makes progress on funding to avoid shutdown, but Goldman sees risks

Senate lawmakers are working on a bi-partisan spending bill that could fund the federal government until mid-November.

3. — Costco stock lower following Q4 earnings, cautious consumer outlook

Costco topped Street earnings forecasts, but a cautious consumer, and a lack of new price increases, is holding back gains for the bulk retailer heading into the opening bell.

4. — Microsoft stock to get boost from $90 billion OpenAI funding valuation

Media reports suggest OpenAI, the tech startup behind ChatGPT, is exploring a share sale that could value it at around $90 billion.

5. — Micron earnings on deck, with focus on China ban, AI boost to DRAM sales

A rebound in DRAM pricing, linked to AI demand, could partly offset the impact of China’s retaliatory ban on Micron chip sales.

Related Posts

Union Capital Financial Group Ltd, registered in the British Virgin Islands, does not provide investment services inside the United States. The company only provides consulting, advisory and educational services.