Dow Jones Transportation Average

Key Takeaways: Optimism trade is back amid infrastructure, Fed bond-buying hopes Fed’s Powell to testify before the Senate starting later this morning Oracle earnings tonight follow yesterday’s strong results from Lennar (Tuesday Market Open) Major indices executed a 180-degree turn...

Last week, logistics and shipping giant FedEx Corporation (NYSE: FDX), one of the biggest components in the Dow Jones Transportation Average, lowered its fiscal 2016 earnings per share guidance to $10.40–$10.90 a share from a prior range of $10.60–$11.10 per share. Shares of FedEx...