Mid-Afternoon Market Update: Dow Surges 250 Points; CalAmp Shares Slide
Toward the end of trading Friday, the Dow traded up 0.76% to 34,455.02 while the NASDAQ rose 0.04% to 14,375.24. The S&P also rose, gaining 0.39% to 4,283.15.
Mid-Day Market Update: Fuwei Films Jumps Following Q1 Results; Oasis Midstream Partners Shares Plunge
Midway through trading Friday, the Dow traded up 0.56% to 34,389.25 while the NASDAQ fell 0.02% to 14,366.72. The S&P also rose, gaining 0.21% to 4,275.24.
Mid-Morning Market Update: Markets Mostly Higher; CarMax Tops Q1 Views
Following the market opening Friday, the Dow traded up 0.57% to 34,392.24 while the NASDAQ fell 0.06% to 14,360.84. The S&P also rose, gaining 0.20% to 4,275.16.
Why CarMax Stock Is Revving Up Today
CarMax Inc (NYSE: KMX) is trading higher Friday morning after the company announced better-than-expected financial results.
Recap: CarMax Q1 Earnings
Shares of CarMax (NYSE:KMX) moved higher by 2.7% in pre-market trading after the company reported Q1 results.
Quarterly Results
Earnings per share rose 1853.33% over the past year to $2.63, which beat the estimate of $1.63.
Earnings Scheduled For June 25, 2021
Companies Reporting Before The Bell
• Quhuo (NASDAQ:QH) is projected to report quarterly loss at $0.25 per share on revenue of $119.32 million.
SPY Finishes Lower Wednesday Despite Gains From Target, AMD
U.S. indices were trading lower Wednesday amid continued weakness in tech stocks as investors weigh the Fed's April minutes. Inflation and concerns of future rate hikes have weighed on investor sentiment recently.