Hotter PCE Inflation: 5 Defensive ETFs Investors Can Turn to as Rate-Cut Hopes Fade
Hotter-than-expected inflation could keep rates higher. These ETFs offer potentially steadier exposure amid persistent price pressures.
Read original at benzingaStocks · News reference
Costco Wholesale Corporation ("Costco" or the "Company") (NASDAQ:COST) today reported net sales of $23.12 billion for the retail month of July, the four weeks ended August 2, 2026, an increase of 10.7
Reference details
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
Keep reading
Hotter-than-expected inflation could keep rates higher. These ETFs offer potentially steadier exposure amid persistent price pressures.
Read original at benzingaCostco's stock hasn't split since January 2000, when a 2-for-1 split cut the share price from $98.12 to $49.06. A $1,000 investment made before that split would be worth just over $19,700 today. With shares now trading near $1,000, investors are speculating about a potential future split, though the company hasn't indicated one is imminent. Stock splits themselves don't create value but often generate market bullishness.
Read original at the-motley-foolOnly 3.85% of S&P 500 stocks now yield more than the 10-year Treasury, the lowest since May 2007. Benzinga found 118 mega-caps that pay less.
Read original at benzinga