Transportation ETFs Reflect a Strengthening Economic Environment
This article was originally published on ETFTrends.com.
Transportation stocks and sector-related exchange traded funds have been gaining momentum, a bullish signal that the U.S. economy is on the mend after the broad market pullback last year and concerns over slowing growth. Year-to-date, the iShares Transportation Average ETF (NYSEArca: IYT) increased 11.0%, SPDR S&P Transportation ETF (NYSEArca: XTN) advanced 13.6%, First Trust Nasdaq Transportation [...]