The Russell 3000 Trucking Index in the US stock market plummeted by 7%
The Russell 3000 Trucking Index in the US stock market plummeted by 7%. The S&P fell by 0.5%, and the Nasdaq dropped by over 1%. Several trucking and logistics companies saw significant declines in their stock prices, including Washington Companies International Logistics down 11%, C.H. Robinson Worldwide at one point down 13%, XPO Inc down 2.5%, Landstar System down 8.5%, and J.B. Hunt Transport Services down 3.1%. Market risk warning, investors should exercise caution
The S&P fell 0.5%, and the Nasdaq dropped over 1%. Trucking and logistics-related companies, including Washington Prime Group and C.H. Robinson Worldwide, saw their stock prices plummet on Thursday. C.H. Robinson Worldwide fell as much as 13%; XPO Inc dropped 2.5%, Landstar System fell 8.5%, J.B. Hunt Transport Services declined 3.1%, and Washington Prime Group decreased by 11%.
Risk Warning and Disclaimer
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