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SPDR(R) S&P(R) TRANSPORTATION SPDR(R) ETF News

$77.65
+2.19 (+2.90%)
At Close: May 02, 2024
U.S. consumer inflation rate took a dip to 4.0% in May 2023, marking the lowest since March 2021 and slightly below market expectations of 4.1%.
The most recent CPI report, for April 2023, showed prices up 4.9% over the prior 12 months, the lowest since April 2021, and below market forecasts of 5%.
The SPDR S&P Transportation ETF (XTN) was launched on 01/26/2011, and is a smart beta exchange traded fund designed to offer broad exposure to the Industrials ETFs category of the market.
The U.S. economy added 339, 000 jobs in May 2023, the maximum in four months, and breezing past market forecasts of 190,000.
If you're interested in broad exposure to the Industrials - Transportation/Shipping segment of the equity market, look no further than the SPDR S&P Transportation ETF (XTN), a passively managed exchan
The annual inflation rate in the United States dropped to 4.9% in April 2023, the lowest since April 2021.

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.
Bottom line may be investors' top focus amid an earnings season, but top line probably tells you more about the inherent strength of a company.
The United States economy added 236,000 jobs in March, the least since December of 2020, and compared to forecasts of 239,000.
Smart Beta ETF report for XTN

4 Sector ETFs to Win from February Inflation Data

09:13am, Wednesday, 15'th Mar 2023
Though U.S. inflation slowed in February, these sectors witnessed price gains. The associated ETFs may thus gain ahead.
Sector ETF report for XTN
The ongoing earnings season has not been great so far mainly due to tech drag. However, some sectors have been supporting the S&P 500 earnings.

4 Sector ETFs to Win from January Inflation Data

09:02am, Wednesday, 15'th Feb 2023
The annual inflation rate in the United States decelerated slightly to 6.4% in January, hotter-than-expected rate of 6.2%.
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.
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