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iShares Transportation Average ETF News

$66.59
+0.0900 (+0.135%)
At Close: May 10, 2024
The week started with a large rally and is now ending with the Nasdaq 100 (QQQ) and the S&P 500 (SPY) at all-time highs. Though the Dow Jones Industrial Average (DIA) is not far behind, the small-cap
As rail companies come out with strong quarterly earnings and gain steam on the economic reopening, investors could look to transportation exchange traded funds to capture the expanding economic activ
The first half of 2021 was upbeat for stocks. The rollout of $1.9-trillion of COVID-19 stimulus package including dolling out stimulus checks helped stocks win.
A breakdown of the three most important charts in the market. With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Dan Nathan, Guy Adami and Karen Finerman.
The S&P 500 Index ETF (SPY) and Small-caps Russell 2000 Index ETF (IWM) are lingering near all-time highs. This looks like a great setup for a rally past resistance and into higher territory.
The Transportation Sector ETF (IYT) bounced off $268 closing +0.32% on the day.  This was a pivotal level to hold and becomes more important when compared to the rest of Mish's Economic Modern Family
For the small-cap Russell 2000 Index & ETF (IWM), $226.69 is an important price level to hold as it shows the index can sustain itself over its main consolidation range dating back to early April.  O
With summer kicking off, the U.S. stock market is nearing all-time highs and expectations are of its hitting new peaks.
Travel has rebounded strongly as more Americans are getting vaccinated, business and economy have reopened, and consumer confidence grows.

Transportation ETF Getting Big Makeover

02:13pm, Wednesday, 19'th May 2021
‘IYT' is getting a new index and adding stocks like Uber and Lyft.

Mixed Q1 Earnings Put Transport ETFs in Focus

12:02pm, Tuesday, 04'th May 2021
Total earnings for the sector that have been reported so far are down 181.3% on 7.8% lower revenues.

5 Top-Ranked ETFs to Ride on a Booming Economy

11:17am, Tuesday, 04'th May 2021
The American economy has been booming, pushing the U.S. stock indices to new highs.
The stock market was buoyed on Monday by strong days from the Transportation Sector ETF (IYT) which closed higher by +1.4% and the Retail Sector ETF (XRT) +2.11%. Theses two sectors are currently atte
The U.S., and global, economic recovery is a positive for the transportation sector. Increased consumer spending on goods and travel will be a benefit for trucking, shipping, and airlines.
Tuesday, the transportation sector closed green on the day, while the rest of the Economic Modern Family closed red.  The most prominent break of support came from the Russell 2000 (IWM) and the Regi
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