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Tuesday Sector Laggards: Defense, Railroads

In trading on Tuesday, defense shares were relative laggards, down on the day by about 1.3%. Helping drag down the group were shares of Northrop Grumman, down about 11.8% and shares of Elbit Systems off about 1.8% on the day.

Also lagging the market Tuesday are railroads shares, about flat on the day as a group, led down by FreightCar America, trading lower by about 3.5% and Trinity Industries, trading lower by about 1.5%.

Tuesday Sector Laggards: Defense, RailroadsVIDEO: Tuesday Sector Laggards: Defense, Railroads

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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