Morningstar

Consumer Cos Up on Rate Hopes - Consumer Roundup

Provided by Dow Jones

Consumer companies rose amid hopes that the U.S. would avert a rate hike.

Shares of home-improvement stores Lowe's and Home Depot rose by 1% or more after a governor at the Federal Reserve laid out the case for holding off on rate increases.

Fed governor Christopher Waller said he would look to upcoming inflation data for further guidance on rate plans.

Shares of LVMH shares tested six-year lows as escalation in the U.S.-Iran war weighed on prospects in key luxury markets including the Middle East, China and the U.S. Shares of Ray-Ban owner EssilorLuxottica, French couture brand Hermes and Gucci owner Kering all retreated.

Luxury home-sale prices in Miami rose 18% year-over-year in July, the biggest increase of the 50 most populous U.S. metropolitan areas.

Lingerie firm Victoria's Secret raised its growth projection for the year again as it sees its turnaround plan working, and eyes room for further improvement ahead. 




  Write to Rob Curran at rob.curran@dowjones.com 



  (END) Dow Jones Newswires



  September 03, 2026 17:11 ET (21:11 GMT)


Copyright (c) 2026 Dow Jones & Company, Inc.
  

					The articles, information, and content displayed on this webpage may
					include materials prepared and provided by third parties. Such
					third-party content is offered for informational purposes only and
					is not endorsed, reviewed, or verified by Morningstar.
				
 

					Morningstar makes no representations or warranties regarding the
					accuracy, completeness, timeliness, or reliability of any third-party
					content displayed on this site. The views and opinions expressed in
					third-party content are those of the respective authors and do not
					necessarily reflect the views of Morningstar, its affiliates, or employees.
				
 

					Morningstar is not responsible for any errors, omissions, or delays
					in this content, nor for any actions taken in reliance thereon.
					Users are advised to exercise their own judgment and seek independent
					financial advice before making any decisions based on such content.
					The third-party providers of this content are not affiliated with
					Morningstar, and their inclusion on this site does not imply any
					form of partnership, agency, or endorsement.
				
 

				Popular
				
 
  
 
 
 
 
The Smartest Moves for Bond Investors Today, and What to Do When You Have Too Many Investments
 
Ask the Analyst columnist Amy Arnott answers a grab bag of reader questions about bond ETFs, TIPS, retirement planning, and more. 
 
 
Amy C. Arnott, CFA and Ivanna Hampton 
 
 
 
Undervalued by 15%, This Utilities Stock Could Be an Unexpected AI Winner
 
With a 3.3% dividend yield and earnings growth expected to exceed management’s outlook, this 4-star stock stands out in a struggling sector. 
 
 
Andrew Bischof, CFA, CPA 
 
 
 
The Thrilling 37
 
Just a few strict screens can narrow the field to an elite group of funds. 
 
 
Russel Kinnel 
 
 
 
The 10 Best and 10 Worst Months of All Time for the US Stock Market
 
Do common investor sayings about particular months being stronger or weaker for stocks have empirical backing, or is it all market mythology? Dan Lefkovitz uncovered some surprising truths about stock market performance by examining over 100 years of data. 
 
 
Dan Lefkovitz 
 
 
 
3 Stocks to Sell and 3 Stocks to Buy for October
 
Plus, lessons from September’s stock market activity. 
 
 
David Sekera, CFA and Susan Dziubinski 
 
 
 
 

			Sponsor Center