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On Monday, major US benchmark equity indexes exhibited a positive trajectory, closing higher as investors digested a recent survey regarding consumer inflation expectations while anticipating vital official price growth data set to be released later in the week. The Dow Jones Industrial Average, the S&P 500, and the Nasdaq Composite each saw an increase of 1.2%.

Specifically, the Dow closed at 40,829.6, while the S&P 500 reached 5,471.1, and the Nasdaq concluded the trading session at 16,884.6. Meanwhile, with the exception of the communication services sector, which remained relatively unchanged, all other sectors recorded gains, led predominantly by consumer discretionary and industrial stocks. In line with economic indicators, the Federal Reserve Bank of New York reported a resurgence in US consumers' inflation expectations at the medium-term horizon for August, albeit showing flat readings in the one- and five-year outlooks.

Oracle Corporation has once again proved its formidable presence in the tech industry with its recent fiscal first-quarter earnings report, which substantially exceeded Wall Street's forecasts. For the three months ending in August, the company reported adjusted earnings per share of $1.39, a notable increase from $1.19 in the same quarter the previous year.

Analysts participating in a Capital IQ poll had set expectations slightly lower, anticipating earnings of $1.33. This positive earnings surprise not only showcases Oracle's operational efficiency but also reflects resilience in a competitive landscape. Revenue for the quarter reached $13.31 billion, marking a solid 7% increase year-over-year and outpacing analysts' projections of $13.24 billion.

On Monday, the US benchmark equity indexes experienced a significant increase as market participants assessed a survey detailing consumers' inflation expectations, while also gearing up for the official inflation data slated for release later in the week. The leading stock indexes, including the Dow Jones Industrial Average, the S&P 500, and the Nasdaq Composite each saw a rise of 1.2%.

Specifically, the Dow concluded the trading session at 40,829.6 points, the S&P 500 reached a notable 5,471.1, and the Nasdaq wrapped up at 16,884.6 points. With the exception of the communication services sector, which remained relatively stagnant, gains were noted across all sectors; consumer discretionary and industrials spearheaded this upward movement. In terms of economic indicators, a recent report from the Federal Reserve Bank of New York highlighted that US consumers' inflation expectations saw a rebound for the medium-term forecast during August, although the one-year and five-year expectations remained unchanged.

Costco Wholesale, represented by the ticker $COST, is poised to reap significant benefits from ongoing market share expansion and enhanced warehouse productivity. According to insights released by Morgan Stanley on Monday, the retail giant is on track to achieve growth rates that exceed historical averages.

The brokerage has elevated its price target for Costco’s stock from $855 to $950, maintaining an overweight rating, which reflects their confidence in Costco's robust market position. Following this announcement, shares of Costco saw a close of 2.3% higher on Monday, indicating strong investor sentiment towards the stock. Morgan Stanley's research underscores that the foundational drivers of Costco’s growth are resilient and sustainable.