The major market averages are all in the red on Wednesday with the exception of the Dow Jones Transportation Average, which is hanging on to a slight gain and poised for its sixth record close.

The transports are getting a lift from two railroads -- Norfolk Southern (NSC) and Kansas City Southern (KSU). NSC is surging more than 4% to an all-time high on an earnings beat.  KSU is rallying in sympathy and also hitting record highs.

Major Averages – Today

 

Last

Chg

%Chg

Yesterday

DJIA

15407.77

-59.89

-0.39%

15467.66

S&P 500

1744.10

-10.57

-0.60%

1754.67

Nasdaq Comp.

3899.34

-30.23

-0.77%

3929.57

DJ Transports

6922.99

9.43

0.14%

6913.56

Russell 2000

1107.89

-7.74

-0.69%

1115.63