Aug. 22 at 6:43 PM
$BJ Dow Surges Over 300 Points; BJ's Wholesale Shares Fall After Q2 Results
U.S. stocks traded higher this morning, with the Dow Jones index gaining more than 300 points on Friday.
The Dow traded up 0.72% to 45,109.99 while the NASDAQ rose 0.37% to 21,177.85. The S&P 500 also rose, gaining, 0.53% to 6,404.23.
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Leading and Lagging Sectors
Communication services shares jumped by 0.9% on Friday.
In trading on Friday, information technology stocks rose by 0.2%.
Top Headline
Shares of BJ's Wholesale Club Holdings, Inc. (NYSE:BJ) fell around 7% on Friday after the company reported a second-quarter revenue miss.
The firm reported second-quarter adjusted earnings per share of
$1.14, beating the analyst consensus estimate of
$1.09. Quarterly sales of
$5.38 billion (+3.4% year over year) missed the Street view of
$5.48 billion.
