---
title: "US Stocks Edge Higher; CarMax Posts Upbeat Earnings"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/290065441.md"
description: "US stocks edged higher with the Dow up 0.1%, led by tech gains, while communication services fell. CarMax reported Q1 earnings of $1.31 per share and sales of $8.014 billion, beating estimates. Notable movers included Eshallgo up 302% and Liberty Latin America down 30%. Oil rose 0.9%, US retail sales beat expectations in May, and European and Asian markets showed mixed to positive performance."
datetime: "2026-06-17T13:45:39.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/290065441.md)
  - [en](https://longbridge.com/en/news/290065441.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/290065441.md)
generator: "portal-rs"
---

# 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% to 7,514.84.

**Leading and Lagging Sectors**

Information technology shares jumped by 0.7% on Wednesday.

In trading on Wednesday, communication services stocks fell by 1.1%.

**Top Headline**

**CarMax** (NYSE:KMX) reported better-than-expected earnings for the first quarter on Wednesday.

The company posted quarterly earnings of $1.31 per share which beat the analyst consensus estimate of 94 cents per share. The company reported quarterly sales of $8.014 billion which beat the analyst consensus estimate of $7.410 billion.

**Equities Trading UP**  

-   **Eshallgo Inc** (NASDAQ:EHGO) shares shot up 302% to $5.30.
-   Shares of **Icecure Medical Ltd** (NASDAQ:ICCM) got a boost, surging 139% to $5.09 after the company announced a 70% increase in its U.S. active commercial install base of ProSense for breast cancer cryoablation.
-   **Euro Tech Holdings Company Ltd** (NASDAQ:CLWT) shares were also up, gaining 100% to $2.40 after the company announced the appointment of strategic partner to launch next-generation mobile hybrid facility for enhanced ballast water treatment.

**Equities Trading DOWN**

-   **Liberty Latin America Ltd** (NASDAQ:LILA) shares dropped 30% to $5.45.
-   Shares of **SL Science Holding Ltd** (NASDAQ:SLBT) were down 29% to $6.32 after surging 167% on Tuesday.
-   **Aditxt Inc** (NASDAQ:ADTX) was down, falling 29% to $0.0077 after a new SEC Form 4 filing showed major shareholder HRT Financial LP purchased millions of shares.

**Commodities**  

In commodity news, oil traded up 0.9% to $76.74 while gold traded down 0.1% at $4,348.00.

Silver traded down 0.4% to $69.715 on Wednesday, while copper fell 0.1% to $6.4980.

**Euro zone**

European shares were mixed today. The eurozone's STOXX 600 gained 0.4%, while Spain's IBEX 35 Index rose 0.7%. London's FTSE 100 fell 0.1%, Germany's DAX slipped 0.1%, while France's CAC 40 rose 0.3%.

**Asia Pacific Markets**

Asian markets closed mostly higher on Wednesday, with Japan's Nikkei 225 gaining 0.72%, Hong Kong's Hang Seng Index falling 0.74%, China's Shanghai Composite rising 0.40% and India's BSE Sensex climbing 0.45%.

**Economics**

-   U.S. retail sales rose 0.9% month-over-month in May, following a revised 0.4% gain in April and topping market estimates of 0.5%.
-   U.S. mortgage applications declined by 3.8% in the second week of June, compared to a 10.8% gain in the prior period.

*Photo via Shutterstock*

### Related Stocks

- [.DJI.US](https://longbridge.com/en/quote/.DJI.US.md)
- [KMX.US](https://longbridge.com/en/quote/KMX.US.md)
- [EHGO.US](https://longbridge.com/en/quote/EHGO.US.md)
- [LILAK.US](https://longbridge.com/en/quote/LILAK.US.md)
- [LILA.US](https://longbridge.com/en/quote/LILA.US.md)
- [SCO.US](https://longbridge.com/en/quote/SCO.US.md)
- [USO.US](https://longbridge.com/en/quote/USO.US.md)
- [UCO.US](https://longbridge.com/en/quote/UCO.US.md)
- [DIA.US](https://longbridge.com/en/quote/DIA.US.md)
- [DDM.US](https://longbridge.com/en/quote/DDM.US.md)
- [UDOW.US](https://longbridge.com/en/quote/UDOW.US.md)
- [DOG.US](https://longbridge.com/en/quote/DOG.US.md)
- [SDOW.US](https://longbridge.com/en/quote/SDOW.US.md)
- [DXD.US](https://longbridge.com/en/quote/DXD.US.md)
- [BNO.US](https://longbridge.com/en/quote/BNO.US.md)

## Related News & Research

- [Euro zone bonds join global selloff, yields hit multi-year highs](https://longbridge.com/en/news/296188704.md)
- [Oil edges up on uncertainty over exports through Hormuz](https://longbridge.com/en/news/296282399.md)
- [Liberty Latin America (LILA) Could Be 26% Undervalued On Malone Share Buying](https://longbridge.com/en/news/296646931.md)
- [Oil set for second weekly rise as unsettled US-Iran war crimps supply](https://longbridge.com/en/news/296555193.md)
- [Liberty Latin America 10% owner John C. Malone acquires 6,761 common shares worth $57,468.5](https://longbridge.com/en/news/296267602.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**