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iShares Transportation Average ETF News

$66.59
+0.0900 (+0.135%)
At Close: May 10, 2024

ETFs in Focus Post Mixed Q4 FedEx Earnings

12:34pm, Wednesday, 21'st Jun 2023
FedEx (FDX) topped earnings estimates but missed on revenues. It provided weak guidance for the fiscal year on ongoing demand weakness and input cost inflation.
If you're interested in broad exposure to the Industrials - Transportation/Shipping segment of the equity market, look no further than the iShares U.S. Transportation ETF (IYT), a passively managed ex
Discover the potential of these sector ETFs in the face of slowing but estimate-beating April U.S. manufacturing data.

A Look at Transport ETFs Post Q1 Earnings

12:57pm, Monday, 08'th May 2023
The first-quarter earnings picture for the transportation sector has been solid. This is especially true as the sector is the largest contributor to the earnings growth so far.
Given that yields begin this week higher. Given that earnings season kicks into gear with banks, the weakest sector so far, surviving.

5 ETFs to Play as Inflation Cools Down to 5%

12:10pm, Thursday, 13'th Apr 2023
Inflation in the United States cooled down further in March as the consumer price index rose 0.1% in the month, following a 0.4% increase in February.
Sector ETF report for IYT
FedEx (FDX) topped earnings estimates and lifted its full-year outlook when it reported its third-quarter fiscal 2023 results.

Inflation Cools Down in February: ETFs to Consider

12:14pm, Wednesday, 15'th Mar 2023
Annual inflation dropped from 6.4% to 6%, the smallest annual gain since September 2021, and is now down by one-third from its peak of more than 9% in June last year.
In the last trading session, transportation and Europe ETFs traded with an outsized volume.
Despite troubled news about the rails recently, the Dow Jones Transportation Average has been in absolute and relative rally mode for several months. I see more upside ahead but also outline one techn
The fourth-quarter earnings picture for the transportation sector has been shaping up well. The sector is the fourth-biggest contributor to both Q4 earnings and revenue growth so far.

4 ETFs to Tap on Solid Q4 GDP Numbers

01:33pm, Friday, 27'th Jan 2023
The American economy expanded faster than expected in the fourth quarter, with GDP rising 2.9% annually versus 2.6% expectation.
Sector ETF report for IYT

Time for Transportation & Auto ETFs?

03:48pm, Monday, 16'th Jan 2023
As the pandemic is ebbing, global economy is reopening, resulting an improvement in the supply chain crisis. This is going to benefit auto and transportation sectors.
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