What Happened in the Stock Market Today
Stocks moved strongly higher Friday on rising expectations that the Republican tax bill will pass. The Dow Jones Industrial Average (DJINDICES: ^DJI) and the S&P 500 (SNPINDEX: ^GSPC) closed at record highs.
Data source: Yahoo! Finance.
Investors bid up stocks that would benefit the most from lower tax rates. Retailers tend to pay high taxes, and the SPDR S&P Retail ETF (NYSEMKT: XRT) rose 1.5%. The banking sector also outperformed; the SPDR S&P Bank ETF (NYSEMKT: KBE) gained 1.8%.
Source: Fool.com
Costco Wholesale Stock
€749.10
-0.340%
The stock is an absolute favorite of our community with 69 Buy predictions and no Sell predictions.
As a result the target price of 804 € shows a slightly positive potential of 7.33% compared to the current price of 749.1 € for Costco Wholesale.
