Transportation ETF Slips into a Correction on Renewed Coronavirus Fears
June 11, 2020 at 16:53 PM EDT
As the markets reeled, the economically sensitive transportation sector and related exchange traded funds slipped into a correction. The iShares Transportation Average ETF (IYT), which tracks the Dow Jones Transportation Average Index, declined 7.8% on Thursday and retreated 12.5% since its...