Transportation stocks and indexes, namely the Dow Jones Transportation Average, are often watched as potential tells on the direction of broader equity benchmarks. If that theory holds true, the recent price action in the iShares Transportation Average ETF (NYSEArca: IYT) and the SPDR S&P Transportation ETF (NYSEArca: XTN) could prove to be good news. IYT [...] Read more on ETFtrends.com.
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This article was provided by our partner Tom Lydon of etftrends.com.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
