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Why Carvana Stock Is Up Monday Afternoon
Benzinga· 2026-03-23 19:29
Carvana stock is surging to new heights today. What’s fueling CVNA momentum?Oil Prices Sink, Stock Futures Jump On Middle East ReliefWest Texas Intermediate crude plunged around 8% to about $90 per barrel Monday, while Brent crude fell nearly 8% to roughly $103.31. At the same time, Dow Jones futures jumped more than 800 points, the S&P 500 climbed about 1.5% and Nasdaq-100 futures rose around 1.6%, reflecting a powerful relief rally after fears of a deeper Middle East supply shock eased.Lower Fuel Costs Co ...