Stock Market Update

[BRIEFING.COM] The S&P 500 (-0.5%), Nasdaq Composite (-0.5%), and DJIA (-0.9%) remain little changed from previous levels shortly after midday.

Jabil (JBL 257.02, -5.33, -2.03%) is trading modestly lower following its Q2 (Feb) report, despite delivering another strong quarter featuring its sixth consecutive double-digit EPS beat. The EMS provider posted robust revenue growth and issued upbeat guidance, although some investors appear underwhelmed by a slight deceleration in its key segment outlook.