January 17, 2013 at 09:55 AM EST
Transportation ETF Hits All-Time High After 18% Rally
The iShares Dow Jones Transportation Average Index Fund (NYSEArca: IYT) has broken out to record highs following a nearly 20% rally the past couple months driven by strength in airlines, railroads and shipping companies. The transports ETF traded over $101 a share on Thursday for the first time...
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