---
title: "U.S. stock market update: Julong fell 11.38%, with supply chain restructuring and macroeconomic uncertainty putting pressure on the stock price"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293641304.md"
description: "Julong fell 11.38%; Comfort Systems USA rose 2.47%, with a transaction volume of USD 442 million; Quanta Services rose 0.40%, with a transaction volume of USD 191 million; Sterling Infrastructure fell 0.67%, with a transaction volume of USD 117 million; Ferrovial SE fell 1.48%, with a market value of USD 45.4 billion"
datetime: "2026-07-23T15:37:53.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293641304.md)
  - [en](https://longbridge.com/en/news/293641304.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293641304.md)
generator: "portal-rs"
---

# U.S. stock market update: Julong fell 11.38%, with supply chain restructuring and macroeconomic uncertainty putting pressure on the stock price

**U.S. Stock Market Midday Update**

Julong fell 11.38%, with increased trading volume. Based on recent key news:

1.  On July 21, Julong Holding actively restructured its supply chain to cope with ongoing demand fluctuations. This move may raise market concerns about its future profitability, leading to a decline in stock price. Source: Zhitong Finance

2.  On July 22, global investors focused on central bank inflation data and new trade barriers from policymakers, with the market giving a premium to management teams capable of actively managing cross-border complexities and defending core domestic profits. This macroeconomic environment may have exacerbated Julong's stock price volatility. Source: Wall Street Insight

3.  No other significant news recently. Increased global economic uncertainty and fluctuating capital flows.

**Stocks with High Trading Volume in the Industry**

Comfort Systems USA rose 2.47%. Based on recent key news:

1.  On July 21, Comfort Systems USA's annualized return over the past decade exceeded the market by 36.4%, demonstrating outstanding performance. The company's market capitalization reached $62.21 billion, and investors are confident in its long-term growth potential, driving the stock price up.

2.  On July 21, investors showed interest in Comfort Systems USA's long-term compound return rate, with a $1,000 investment over the past decade now worth $56,325.42, indicating strong growth potential and attracting more capital inflows.

3.  No other significant news recently. The industry is performing strongly, with noticeable capital inflows.

Quanta Services rose 0.40%. Based on recent news:

1.  On July 21, Quanta Services was recognized by Solar Power World magazine as the top solar solutions provider in the U.S. for 2026. This honor boosted market confidence in the company's future growth, driving the stock price up.

2.  On July 23, Citigroup analyst Andrew Kaplowitz maintained a buy rating on Quanta Services and set a target price of $837. This positive rating further boosted investor sentiment.

3.  On July 21, J.P. Morgan downgraded Quanta Services' rating to hold; nevertheless, the overall market remains optimistic about the company's prospects. The solar industry is performing strongly, with clear policy support.

Sterling Infrastructure fell 0.67%. Based on recent key news:

1.  On July 22, Sterling Infrastructure announced it will release its Q2 2026 financial report on August 3 and hold a conference call on August 4 to discuss the report and future outlook. This news may trigger market attention on the company's performance, leading to stock price fluctuations. Source: Sterling Infrastructure official announcement

2.  On July 22, Joe Cutillo, CEO of Sterling Infrastructure, emphasized the company's importance in infrastructure construction and its contribution to the economy, which may enhance investors' confidence in the company's long-term development. Source: Sterling Infrastructure official announcement

3.  On July 22, the XMMO fund held shares of Sterling Infrastructure, which have risen 162% year-to-date, indicating strong market demand for mid-sized AI infrastructure providers. Source: 24/7 Wall St.

**Stocks ranked at the top of the industry by market capitalization**

Ferrovial SE fell 1.48%. Based on recent key news:

1.  On July 22, Ferrovial updated its euro commercial paper program compliant with STEP standards, with a maximum outstanding amount of €1.5 billion. This move may lead to a reassessment of the market's view on its short-term financing capabilities, impacting the stock price decline. Source: Public Technologies

2.  On July 22, Kenta Capital was appointed as the arranger for the program, with BNY Mellon’s London branch serving as the issuing and paying agent. This arrangement may enhance investors' confidence in the company's financial management but failed to prevent the stock price decline. Source: Public Technologies

3.  No other significant news recently. The market is focused on short-term financing capabilities

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**