NEW YORK, NY / ACCESSWIRE / October 16, 2017 / U.S. markets rose Friday to close the week in the green as investors appear to be expecting a strong earnings season. The Dow Jones Industrial Average gained 0.13 percent to close at 22,871.72, up 0.47 percent for the week, while the S&P 500 Index increased 0.09 percent to close at 2,553.17, up 0.17 percent for the week. The Nasdaq Composite Index rose 0.22 percent to close at 6,605.80, up 0.24 percent for the week. Earnings for the S&P 500 are expected to increase by 4 percent year-over-year in the third quarter, according to data from S&P Capital IQ.

"People are generally expecting a strong earnings season," said Tom Martin, senior portfolio manager at Globalt, according to CNBC. "The good news is the number of companies currently beating estimates, and the margin by which they are doing so, is running at a clip well above what these same 31 companies have recorded, on average, over the past three years," Raich said in a note to clients.

"The bad news is the rate of 3Q 2017 vs. 3Q 2016 earnings and sales growth has slowed from last quarter, and as more companies report the growth rates will drop more," added Raich.

RDI Initiates Coverage on:

J.B. Hunt Transport Services Inc.
https://rdinvesting.com/news/?ticker=JBHT

YRC Worldwide Inc.
https://rdinvesting.com/news/?ticker=YRCW

J.B. Hunt Transport Services Inc.'s stock moved 4.01% lower Friday, to close the day at $104.01. The stock recorded a trading volume of 1,972,289 shares, which was above its three months average volume of 938,091 shares. In the last year J.B. Hunt Transport Services Inc.'s shares have traded in a range of 76.20 - 111.98. The share price has gained 36.50% from its 52 week low. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $103.94 is greater than its 200-day moving average of $93.60. Shares of J.B. Hunt Transport Services Inc. are trading at a Price to Earnings ratio of 27.28. Shares of J.B. Hunt Transport Services have gained approximately 7.15 percent year-to-date.

Access RDI's J.B. Hunt Transport Services Inc. Research Report at:
https://rdinvesting.com/news/?ticker=JBHT

On Friday, shares in YRC Worldwide Inc. recorded a trading volume of 818,402 shares, which was above the three months average volume of 622,577 shares. The stock ended the day 3.64% lower at 12.69. The share price has gained 72.42% from its 52 week low with a 52 week trading range of 7.36 - 16.97.The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $13.30 is greater than its 200-day moving average of $11.44. Shares of YRC Worldwide Inc. are trading at a Price to Earnings ratio of 4,230.00. Shares of YRC Worldwide have fallen approximately 4.44 percent year-to-date.

Access RDI's YRC Worldwide Inc. Research Report at:
https://rdinvesting.com/news/?ticker=YRCW

Our Actionable Research on J.B. Hunt Transport Services Inc. (NASDAQ: JBHT) and YRC Worldwide Inc. (NASDAQ: YRCW) can be downloaded free of charge at Research Driven Investing.

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SOURCE: RDInvesting.com