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U.S. Stocks Open Higher; CarMax Posts Upbeat Earnings

Benzinga Real-time News ·  Jun 24, 2022 22:50

U.S. stocks traded higher this morning, with the Dow Jones gaining more than 500 points on Friday.

The Dow traded up 1.74% to 31,212.65 while the NASDAQ rose 2.26% to 11,486.42. The S&P also rose, gaining, 2.02% to 3,872.24.

Also check this: 3 Stocks Under $1 Insiders Are Buying



Leading and Lagging Sectors



Financials shares jumped by 2.8% on Friday. Meanwhile, top gainers in the sector includedAzure Power Global Limited(NYSE:AZRE), up 29% andCadiz Inc.(NASDAQ:CDZI) up 13%.



In trading on Friday, utilities shares rose by just 0.7%.



Top Headline



CarMax, Inc.(NYSE:KMX) reported better-than-expected results for its first quarter.

CarMax reported first-quarter...

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