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DJTADow Jones Transportation Average
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Further, the diversity of sectors helping power equities higher plus the fact that the Dow Jones Transportation Average set a record high on Wednesday is boosting investor sentiment and expectations for further gains.
The Dow Jones Transportation Average recently climbed to an all-time high, with stocks in this sector and other economic bellwethers posting strong gains almost daily.
Dow Jones Transportation Average. This index is comprised of 20 airlines, railroads, and trucking companies.
The Dow Jones Transportation Average, Dow Jones Utilities Average and Dow Jones Composite Average also are members of the Dow Jones Averages family.
The Dow Jones transportation average fell nearly 1 percent after crude oil futures settled EUR3.66 higher at EUR91.77 a barrel - the biggest one-day gain in nearly two months.
Except for the substitution of nine firms in the roster of the Dow Jones Rail Road Average in January of 1970, at which point the Average was renamed the Dow Jones Transportation Average, deletion from the rosters of both the DJIA and DJTA have generally been precipitated by corporate control events.(3)
Charles Carlson, editor of Dow Theory Forecasts' weekly newsletter, explains that the basic premise examines the movement of the Dow jones Industrial Average and the Dow Jones Transportation Average.
The Dow Jones transportation average touched a high of 8,870.90.
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