Wall Street Closes Higher Ahead of Fed Decision
Wall Street closed higher ahead of the Federal Reserve’s decision.
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Wall Street closed higher ahead of the Federal Reserve’s decision.
Home BancShares reported record third-quarter earnings and said it paid a new dividend of $0.23 per share, described as a 9.5% increase. The company also repurchased 1.3 million shares for approximately $39.3 million during the quarter.
US stocks ended higher Friday as investors shifted attention to next week’s earnings start and upcoming inflation data that could inform the Federal Reserve’s policy outlook.
RH said second-quarter net revenues rose 2.6% year over year to $922.2 million and exceeded the top end of guidance. The company also lifted its fiscal 2026 outlook for revenue growth and adjusted EBITDA margin.