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March 3, 2020, 1:32 p.m. EST

Dow transports wipes out Monday's bounce, tumbles toward 14-month low

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By Tomi Kilgore

The Dow Jones Transportation Average /zigman2/quotes/210598063/realtime DJT -0.04% is falling 195 points, or 2.1%, and have given back everything it gained in the previous session's big stock market bounce, and then some. All 20 index components were losing ground. Among the biggest losers, shares of Avis Budget Group Inc. /zigman2/quotes/203618115/composite CAR +13.70% sank 5.8%, Alaska Air Group /zigman2/quotes/200972303/composite ALK +5.62% shed 5.7%, Ryder System Inc. /zigman2/quotes/208674852/composite R +3.30% slid 4.3%, FedEx Corp. /zigman2/quotes/203047719/composite FDX -0.65% lost 3.9% and United Airlines Holdings Inc. /zigman2/quotes/205037281/composite UAL +5.06% gave up 3.7%. The Dow transports, on track for the lowest close since Jan. 7, 2019, had gained 0.9% on Monday after plummeting 14.9% over the previous six sessions. In comparison, the sister Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.36% fell 2.5% on Tuesday, after soaring 5.1% on Monday, which followed a 13.0% drop the previous six sessions. The Dow transports has now lost 18% since the Jan. 16, when it closed at the highest level since Oct. 3, 2018.

/zigman2/quotes/210598063/realtime
US : Dow Jones Indices
8,965.91
-3.88 -0.04%
Volume: 220.61M
June 1, 2020 5:27p
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/zigman2/quotes/203618115/composite
US : U.S.: Nasdaq
$ 24.48
+2.95 +13.70%
Volume: 8.83M
June 1, 2020 4:00p
P/E Ratio
8.03
Dividend Yield
N/A
Market Cap
$1.50 billion
Rev. per Employee
$304,133
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/zigman2/quotes/200972303/composite
US : U.S.: NYSE
$ 36.11
+1.92 +5.62%
Volume: 2.88M
June 1, 2020 4:00p
P/E Ratio
8.45
Dividend Yield
0.00%
Market Cap
$4.19 billion
Rev. per Employee
$353,525
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/zigman2/quotes/208674852/composite
US : U.S.: NYSE
$ 35.39
+1.13 +3.30%
Volume: 577,579
June 1, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
6.33%
Market Cap
$1.84 billion
Rev. per Employee
$212,354
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/zigman2/quotes/203047719/composite
US : U.S.: NYSE
$ 129.71
-0.85 -0.65%
Volume: 1.99M
June 1, 2020 4:00p
P/E Ratio
8.54
Dividend Yield
2.00%
Market Cap
$34.11 billion
Rev. per Employee
$304,846
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/zigman2/quotes/205037281/composite
US : U.S.: Nasdaq
$ 29.46
+1.42 +5.06%
Volume: 57.42M
June 1, 2020 4:00p
P/E Ratio
7.99
Dividend Yield
N/A
Market Cap
$8.14 billion
Rev. per Employee
$448,946
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/zigman2/quotes/210598065/realtime
US : Dow Jones Global
25,475.02
+91.91 +0.36%
Volume: 341.22M
June 1, 2020 5:27p
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