NEW YORK, NY / ACCESSWIRE / April 17, 2018 / U.S. markets surged Monday as fears of conflict in Syria eased and earnings season kicked off with a strong start. The Dow Jones Industrial Average spiked 0.87 percent to close at 24,573.04, while the S&P 500 Index jumped 0.81 percent to close at 2,677.84. The Nasdaq Composite Index rose 0.70 percent to close at 7,156.28.

"Geopolitical conditions calmed," said Tim Ghriskey, Chief Investment Strategist at Inverness Counsel in New York, according to Reuters. "There's a lot of anticipation about very strong earnings growth in the quarter. That may be attracting traders and even longer-term investors back into the market."

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's stock jumped 6.19% Monday, to close the day at $119.75. The stock recorded a trading volume of 2,284,122 shares, which was above its three months average volume of 1,033,646 shares. In the last year, J.B. Hunt Transport's shares have traded in a range of 83.35 - 126.49. The share price has gained 43.67% 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 $117.57 is greater than its 200-day moving average of $113.49. Shares of J.B. Hunt Transport are trading at a Price to Earnings ratio of 19.38. Shares of J.B. Hunt Transport have fallen roughly 0.46 percent in the past month and are up 4.15 percent year-to-date.

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

On Monday, shares of YRC Worldwide recorded a trading volume of 718,789 shares, which was below the three months average volume of 859,252 shares. The stock ended the day 4.95% higher at 8.70. The share price has gained 18.21% from its 52 week low with a 52 week trading range of 7.36 - 17.61. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $9.24 is below its 200-day moving average of $12.45. Shares of YRC Worldwide have fallen roughly 9.38 percent in the past month and are down 39.50 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