Shares of transportation stocks are lagging behind the broader U.S. stock market, reflecting rising investor fears of a recession. Read More...
Shares of transportation stocks are lagging behind the broader U.S. stock market, reflecting rising investor concerns of a recession following weaker demand for goods, travel and materials, while underscoring how economic uncertainties could choke off a strong run for the transportation industry.
The Dow Jones Transportation Average DJT, which tracks 20 U.S. transportation stocks from industries such as airlines, trucking, marine transportation, delivery services, and logistics, has fallen behind the broader stock market since…
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