Dow Jumps 350 Points; BJ's Wholesale Club Posts Upbeat Earnings
US stocks rise, Dow gains over 350 points as markets open Friday; Materials sector up 2%, utilities down 0.3%. BJ's Wholesale Club beats earnings expectations and raises guidance.
BJ's Wholesale Club did better than people expected, which helped the whole stock market go up a little on Friday. When a company beats expectations, it's a sign the business is running well—so watch if other stores report good news too.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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