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Dow Jumps 100 Points; BJ's Wholesale Earnings Top Estimates

Benzinga ·  Aug 22 21:54

U.S. stocks traded higher this morning, with the Dow Jones index gaining more than 100 points on Thursday.

Following the market opening Thursday, the Dow traded up 0.27% to 40,998.86 while the NASDAQ rose 0.44% to 17,997.28. The S&P 500 also rose, gaining, 0.36% to 5,641.14.

Leading and Lagging Sectors

Information technology shares climbed by 0.7% on Thursday.

In trading on Thursday, consumer discretionary shares fell by 0.1%.

Top Headline

BJ's Wholesale Club Holdings, Inc. (NYSE:BJ) reported better-than-expected second-quarter financial results.

Revenue growth of 4.9% Y/Y to $5.205 billion, beating the analyst consensus estimate of $5.145 billion. Total comparable club sales increased by 3.1%. Comparable club...

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