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News 2026-10-09 21:31 UTC

Consumer shares rise on hopes for fuel-price moderation

Consumer companies rose as markets looked for fuel-price moderation. Trump said the U.S. would import diesel from Russia, while Delta Air Lines shares were roughly flat after it cut its 2026 earnings projection. The University of Michigan consumer-sentiment index fell to 46.3 in the preliminary October reading.

News 2026-10-06 21:50 UTC

Consumer Cos Up on Fuel Price Hopes -- Consumer Roundup

Consumer companies rose amid hopes for moderation in fuel prices. French fry maker Lamb Weston said profit and sales exceeded expectations in the latest quarter, as strong demand offset the impact of rising costs. Shares of ASOS fell sharply after posts on social-media platform X claimed some of the online retailer's c