Costco stock slips as tariff jitters hit retailers; what investors watch next
Costco shares fell 0.7% to $957.29 Tuesday morning as U.S. stocks slid on renewed tariff concerns. Walmart, Target, and BJ’s Wholesale also declined. The Cboe Volatility Index hit an eight-week high, while the S&P 500 dropped 1.5%. Costco’s January sales update is due Feb. 4, with quarterly results set for March 5.