ETF Trends
ETF Trends

Transportation stocks were the market’s best-performing sector on Thursday and the action extended the rally in related exchange traded funds.

Companies in the transportation sector such as UPS (NYSE: UPS), Delta (NYSE: DAL) and CSX (NYSE: CSX) have beat Wall Street forecasts, reports Don Dion at The Street.com.

The $650 million iShares Dow Jones Transportation Average Index Fund (NYSEArca: IYT) was trailing the S&P 500 year to date by a slight margin with a 6.9% gain through April 27, according to Morningstar.

Some market commentators think the venerable Dow Theory is giving investors the green light to buy stocks. [Dow Theory With ETFs.]

iShares Dow Jones Transportation Average Index Fund


The opinions and forecasts expressed herein are solely those of John Spence, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.