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US Conference Board consumer confidence for September vs 104.0 estimate

Prior month 103.3Consumer confidence xxx.x vs 104.0 estimatePresent Situation Index vs. 134.4 last monthExpectations Index vs 82.5 last month.

In August, the expectations index was above 80 for the second consecutive month.

Costco shares are trading down -1.23% had $905.39 on a downgrade ahead of earnings on Thursday after the close. Truist downgraded the company to a hold rating ahead of earnings. The analyst said the stock’s valuation leaves little room for error.

Meta-shares are trading down -0.60% after closing at a record level yesterday.

Tesla continues to move higher after rising $11.75 yesterday. Shares are up six dollars or 2.37% today.

Deere shares are now up 1.57% at $415.39 after trading as low as $408.39. Pres. Trump said that he would put a 200% tariff if it moves some production to factories in Mexico

This article was written by Greg Michalowski at www.forexlive.com.

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