Stocks surged on Wednesday as investors digested the latest inflation data. The S&P 500 gained 1.2% while the Nasdaq jumped 1.5%. Technology stocks led the way, with Oracle’s positive earnings report boosting the market.
The transportation and logistics industry has been closely monitoring J.B. Hunt Transport Services Inc.’s financial performance, especially regarding the impact of rising insurance costs. As the company prepares to release its fourth-quarter results, investors are eager to assess if these expenses will be well-managed.
