Earnings, Shipment Data Propel Transportation ETF to New High
April 22, 2014 at 15:31 PM EDT
A transportation sector exchange traded fund is trading at a new all-time high after a strong turnaround in the Richmond Fed’s manufacturing index helped the transportation stocks pick up speed. The iShares Transportation Average ETF (NYSEArca: IYT) was up 1.0% Tuesday, trading around an...