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Struggles of transport stocks transmit caution to market
Add this to worries about Wall Street: The index of planes, trains and trucking companies, considered an important stock barometer of the U.S. economy's health, is struggling. The Dow Jones Transportation Average swooned 10.2% in May, a far steeper decline than that of the Dow Jones Industrial Average or the S&P 500. For analysts who closely watch the transports, this could be a sign of deeper market stress.
https://finance.yahoo.com/news/struggles-transport-stocks-transmit-caution-232004683.html?.tsrc=rss
Add this to worries about Wall Street: The index of planes, trains and trucking companies, considered an important stock barometer of the U.S. economy's health, is struggling. The Dow Jones Transportation Average swooned 10.2% in May, a far steeper decline than that of the Dow Jones Industrial Average or the S&P 500. For analysts who closely watch the transports, this could be a sign of deeper market stress.
https://finance.yahoo.com/news/struggles-transport-stocks-transmit-caution-232004683.html?.tsrc=rss
