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AmextaFinance > Markets > Why a slide in transportation stocks may be flashing recession warning
Markets

Why a slide in transportation stocks may be flashing recession warning

News Room
Last updated: 2023/04/30 at 2:04 PM
By News Room
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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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News Room April 30, 2023 April 30, 2023
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