Story perspectives
S&P 500 Rises as Costco Sales Surge Amid Easing Tensions
4/9/2026
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Story summary
- The S&P 500 is poised for a seventh consecutive gain, driven by easing Middle East tensions.
- The market rebounded as oil fell below $100 per barrel after Israel's prime minister signaled willingness to discuss a ceasefire with Lebanon.
- Costco's net sales rose 11.3% to $28.41 billion, aided by higher gasoline prices.
- Analysts speculate about a potential special dividend, noting Costco typically issues one every three to five years.
