Top Consumer Shares:
Consumer shares are higher in pre-bell trading while Costco Wholesale Corporation ( COST ) is up 1.4% after it reported net sales of $7.95 billion for the month of August, an increase of 7% from $7.44 billion during the similar period last year.
Comp store sales were up 4% in August.
Meanwhile, according to The Detroit News, Toyota ( TM ) is recalling nearly 234,000 vehicles in two separate recalls to address electrical problems and problems with a valve-timing system. Both could cause vehicles to stop running.
The recalls reportedly cover 133,000 2006-2010 Highlander Hybrid and 2006-2008 Lexus RX 400h vehicles.
Shares closed at $125.84.
Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.