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Airline, railroad stocks getting crushed

(Source: CNBC, December 13, 2018)

NEW YORK — Transportation stocks have hit the skids and are looking worse than the broader market, a trend that needs to reverse for stocks to stabilize. The Dow Transports have lost 15 percent since Oct. 1, 6 percentage points worse than the S&P 500, and they show no sign of improving. The Dow Transports are down nearly 9 percent year to date, while the Dow and S&P are both down less than 1 percent. CSX is down 5.2 percent. Union Pacific, down 1 percent Thursday, was also down 5.2 percent for the month and 10 percent since Oct. 1.

Full story: CNBC

Friday, December 14, 2018

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