Connect with us

Hi, what are you looking for?

Markets

Why a slide in transportation stocks may be flashing recession warning

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…

Read the full article here

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Advertisement

Trending

You May Also Like