Aside from the Dow Transports, other indices that investors cite as signals for the broader market or economy have posted steep declines. — AFP
NEW YORK: Even as US stocks seek to regain their footing, weakness in a closely followed index of transportation shares is a sign of growing investor worries about the economy.
The S&P 500 posted a modest weekly gain, snapping a four-week streak of declines. The benchmark index was clawing back after it marked a correction last week by ending down over 10% from its February record high.
Already a subscriber? Log in.
Subscribe now and receive free sooka plan for 1 month. T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
