Trouble for Transportation ETFs
June 17, 2015 at 14:21 PM EDT
Over the past three months, the iShares Transportation Average ETF (NYSEArca: IYT), the ETF proxy for the Dow Jones Transportation Average Index, has tumbled more than 9% while the Dow Jones Industrial Average is off just 0.8%. Wednesday’s 3.6% drop in shares of package delivery giant FedEx (NYSE:...