US Stocks Edge Higher; CarMax Posts Upbeat Earnings

U.S. stocks traded slightly higher this morning, with the Dow Jones index gaining around 0.1% on Wednesday. Following the market opening Wednesday, the Dow traded up 0.09% to 52,045.29 while the NASDAQ rose 0.33% to 26,462.69. The S&P 500 also rose, gaining, 0.05%...

CarMax Warns Lower Vehicle Margins Will Persist

CarMax Inc. (NYSE:KMX) reported first-quarter fiscal 2027 earnings and revenue above Wall Street expectations, but the stock fell in Wednesday’s premarket trading as investors focused on margin pressure and declining gross profit per retail used vehicle. Earnings Beat...