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JB Hunt sell-off puts pressure on transport sector after rally

UPDATE 1-JB Hunt sell-off puts pressure on transport sector after rally Updates prices at 2:28 p.m ET/ 1828 GMT, adds commentary By Sinéad Carew July 17 (Reuters) - Shares in JB Hunt Transport Services JBHT.O dropped more than 6% on Wednesday, on course to snap a five-day rally and weighing heavily on the broader transportation sector after the trucking company's quarterly report missed expectations.
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Megacap tech, chip stock rout drags Nasdaq to two-week low; Dow outperforms

US STOCKS-Megacap tech, chip stock rout drags Nasdaq to two-week low; Dow outperforms For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Chip stocks slump on China trade worries, tech sell-off J&J up after beating estimates on strong drug sales UnitedHealth Group jumps to record high Russell 2000 set to snap five-day winning streak Indexes: Dow up 0.55%, S&P down 1.26%, Nasdaq down 2.63% Updated at 12:11 p.m.
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JB Hunt sell-off puts pressure on transport sector after rally

JB Hunt sell-off puts pressure on transport sector after rally By Sinéad Carew July 17 (Reuters) - Shares in JB Hunt Transport Services Inc JBHT.O were down more than 7% on Wednesday, on course to snap a five-day rally and weighing heavily on the broader transportation sector after the trucking company's quarterly report fell short of expectations. JB Hunt last traded at $162.88 after closing Tuesday's session at $176, its highest level since April 16, the culmination of a 5-day rally in which
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U.S. STOCKS Prologis, J.B. Hunt, UnitedHealth Group

BUZZ-U.S. STOCKS ON THE MOVE-Prologis, J.B. Hunt, UnitedHealth Group Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 The Nasdaq slumped nearly 2% to a two-week low on Wednesday, accompanied by losses on the S&P 500, as major chip and tech stocks were pressured by the prospect of tighter U.S.
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JB Hunt shares fall after Q2 EPS, revenue miss street estimates

BUZZ-JB Hunt shares fall after Q2 EPS, revenue miss street estimates ** Shares in JB Hunt Transport Services JBHT.O down 5.7% on Wednesday after co missed Q2 EPS, revenue expectations ** JBHT reports Q2 adj EPS of $1.32 vs. consensus view of $1.52; $2.92 bln revenue missed $3.04 bln consensus, as per LSEG ** Since 2022, U.S. truckers have faced high capacity, lower rates, and no substantial increase in volumes , raising worries weakness could continue beyond 2024 ** Still, analyst reactions were
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