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Aug. 12, 2020, 10:34 a.m. EDT

Dow transports rallying toward longest win streak in 10 years, highest close since January

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By Tomi Kilgore

The Dow Jones Transportation Average /zigman2/quotes/210598063/realtime DJT +1.37% rallied 164 points, or 1.5%, putting it on course for the 11th straight gain to the highest close since Jan. 24, amid a broader stock market rally which has been fueled of late by hopes that the negative impact of the COVID-19 pandemic will soon fade. An 11-session win streak would be the longest since the 11-day stretch that ended March 18, 2010. The index has gained 14.0% during its current streak, compared with a 6.6% gain during its March 2010 streak. The 19 of 20 Dow transports components gaining ground Wednesday were led by FedEx Corp.'s stock /zigman2/quotes/203047719/composite FDX +2.44% , which rallied $8.03, or 4.1%, to add about 49 points to the index's price. Among the other more-active components, shares of American Airlines Group Inc. /zigman2/quotes/209207041/composite AAL +4.42% climbed 0.8%, United Airlines Holdings Inc. /zigman2/quotes/205037281/composite UAL +4.46% advanced 0.7% and Delta Air Lines Inc. /zigman2/quotes/200327741/composite DAL +2.65% rose 0.5%. Among other top gainers, shares of Avis Budget Group Inc. /zigman2/quotes/203618115/composite CAR +0.04% hiked up 2.6%, Ryder System Inc. /zigman2/quotes/208674852/composite R +0.56% climbed 2.2% and United Parcel Service Inc. /zigman2/quotes/201245396/composite UPS +3.56% were up 2.1%. The Dow transports has now gained 1.4% year to date, while its sister index, the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +1.34% , has lost 2.1%.

/zigman2/quotes/210598063/realtime
US : Dow Jones Indices
11,270.00
+152.52 +1.37%
Volume: 123.85M
Sept. 25, 2020 5:06p
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/zigman2/quotes/203047719/composite
US : U.S.: NYSE
$ 250.17
+5.95 +2.44%
Volume: 3.21M
Sept. 25, 2020 4:00p
P/E Ratio
16.48
Dividend Yield
1.04%
Market Cap
$65.69 billion
Rev. per Employee
$304,846
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/zigman2/quotes/209207041/composite
US : U.S.: Nasdaq
$ 12.29
+0.52 +4.42%
Volume: 43.76M
Sept. 25, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
0.00%
Market Cap
$6.25 billion
Rev. per Employee
$345,547
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/zigman2/quotes/205037281/composite
US : U.S.: Nasdaq
$ 34.20
+1.46 +4.46%
Volume: 21.46M
Sept. 25, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$9.95 billion
Rev. per Employee
$448,946
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/zigman2/quotes/200327741/composite
US : U.S.: NYSE
$ 29.78
+0.77 +2.65%
Volume: 21.83M
Sept. 25, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
0.00%
Market Cap
$19.00 billion
Rev. per Employee
$499,337
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/zigman2/quotes/203618115/composite
US : U.S.: Nasdaq
$ 27.21
+0.01 +0.04%
Volume: 1.68M
Sept. 25, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$1.90 billion
Rev. per Employee
$304,133
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/zigman2/quotes/208674852/composite
US : U.S.: NYSE
$ 40.97
+0.23 +0.56%
Volume: 321,318
Sept. 25, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
5.47%
Market Cap
$2.20 billion
Rev. per Employee
$212,354
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/zigman2/quotes/201245396/composite
US : U.S.: NYSE
$ 166.12
+5.71 +3.56%
Volume: 4.40M
Sept. 25, 2020 4:02p
P/E Ratio
32.99
Dividend Yield
2.43%
Market Cap
$143.42 billion
Rev. per Employee
$149,503
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/zigman2/quotes/210598065/realtime
US : Dow Jones Global
27,173.96
+358.52 +1.34%
Volume: 391.73M
Sept. 25, 2020 5:06p
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