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Costco stock ends at $940: Instacart’s Europe delivery launch and Fed pick set up next week
31 January 2026
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Costco stock ends at $940: Instacart’s Europe delivery launch and Fed pick set up next week

New York, Jan 31, 2026, 10:46 ET — The market has closed.

  • Costco shares ended Friday at $940.25, slipping 1.3%.
  • Instacart and Costco announced the launch of same-day delivery websites in France and Spain.
  • Next week, traders will focus on U.S. rate signals and the jobs report set for February 6.

Shares of Costco Wholesale Corporation (COST.O) slipped 1.3% on Friday, ending the session at $940.25. Throughout the day, the stock fluctuated between $930.62 and $951.01, with roughly 2.4 million shares changing hands.

The stock’s decline followed a wider risk-off mood that emerged late in the week, sparked by Donald Trump’s pick of Kevin Warsh to replace Jerome Powell as Federal Reserve chair. “There’s a combination of investor concerns around the Fed chair announcement … and lingering inflation pressure,” said Angelo Kourkafas, senior global strategist at Edward Jones. Reuters

Costco shared some company news as well. The retailer teamed up with Instacart to roll out its first same-day delivery websites in France and Spain, marking an expansion of their longstanding North American partnership into Europe. Instacart CEO Chris Rogers called the move “incredibly proud” for the company, while Costco executive Pierre Riel highlighted that the service “gives members in France and Spain greater flexibility.” PR Newswire

Costco’s European expansion relies heavily on local partners to handle picking, packing, and delivery. This approach must navigate varying rules in each country, which could slow growth and complicate cost forecasts. According to Mass Market Retailers, the service operates through Costco-branded sites, offering same-as-in-store pricing plus a flat fee per order. Mass Market Retailers

Costco’s board announced a quarterly dividend of $1.30 in a regulatory filing last week. The payment is set for Feb. 13, going to shareholders recorded by the close of trading on Jan. 30. The record date marks who’s eligible. Those buying after the ex-dividend date won’t receive the payout. SEC

Friday’s data revealed U.S. producer prices climbed 0.5% in December, marking their largest increase in five months and fueling debate on the Fed’s pause. “This report validates the pivot … toward price stability,” said Carl Weinberg, chief economist at High Frequency Economics. Reuters

In retail, Costco trailed behind several major competitors. Walmart’s stock climbed 1.47%, while Amazon dropped 1.01%, MarketWatch reported in its market recap. MarketWatch

Next week’s schedule promises to keep markets on edge. A Reuters “Week Ahead” report highlighted a hefty slate of earnings, including Amazon and Alphabet, alongside the U.S. jobs report set for Feb. 6. A Reuters poll forecasts payroll growth of just 64,000 for January. Jim Baird, chief investment officer at Plante Moran Financial Advisors, said, “The onus is going to be on them to deliver.” Reuters

Costco shareholders should mark March 5 on their calendars. The company will release its fiscal second-quarter results that day and hold an earnings call at 2:00 p.m. PT. investor.costco.com

Stock Market Today

  • Energy Stocks Boost S&P/TSX Composite; U.S. Markets Show Mixed Results
    April 2, 2026, 5:04 PM EDT. Canada's S&P/TSX composite index rose 150.27 points to 33,108.22, driven by gains in energy stocks. The increase coincided with a jump in crude oil prices, with May contracts up $11.42 to $111.54 per barrel. In contrast, U.S. markets showed mixed performance: the Dow Jones fell 61.07 points to 46,504.67 while the S&P 500 and Nasdaq advanced modestly. The Canadian dollar weakened slightly, trading at 71.85 U.S. cents versus 72.00 cents the previous day. Gold prices declined sharply, with June contracts down $133.40 to $4,679.70 an ounce. These moves reflect ongoing volatility in energy and currency markets influencing North American equities on April 2, 2026.
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