Starbucks Corp. (SBUX) gapped open higher Wednesday and climbed for the majority of the morning. The stock took out the session highs going into the close and finished up by 2.52 at $59.30 on above average volume.
Starbucks Corp. has been rising steadily for the past month and closed Wednesday at a new high for the year.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.