The Dow transports are soaring, bucking a broader slump in stocks Wednesday
The Dow Jones Transportation Average DJT, +1.20% soared 120 points, or 1.1%, in midday trade, as better-than-expected earnings reports helped the transportation sector tracker buck the weakness in the broader stock market. The Dow transports was led higher by earnings reporters, as shares of railroad operator CSX Corp. CSX, +4.56% shot up 4.6%, airline United Continental Holdings Inc. UAL, +4.51% rallied 4.3% and Kansas City Southern KSU, +4.32% hiked up 4.
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