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The Street
The Street
Business
Martin Baccardax

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.

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