{"id":80559,"date":"2023-11-04T05:18:39","date_gmt":"2023-11-04T09:18:39","guid":{"rendered":"https:\/\/ifintechworld.com\/investing\/dow-transports-have-best-week-in-a-year-to-snap-longest-weekly-losing-streak-in-5-years\/"},"modified":"2023-11-04T05:18:42","modified_gmt":"2023-11-04T09:18:42","slug":"dow-transports-have-best-week-in-a-year-to-snap-longest-weekly-losing-streak-in-5-years","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=80559","title":{"rendered":"Dow transports have best week in a year, to snap longest weekly losing streak in 5 years"},"content":{"rendered":"
\n

The Dow Jones Transportation Average
\n DJT,
\n +1.59%<\/bg-quote>
\n rallied 1.7% in afternoon trading, with 18 of 20 components gaining ground, as part of a broader stock market rally. The index was headed for a fifth-straight gain as it has run up 7.2% this week. That would not only be the best one-week performance since it climbed 8.0% during the week ended Nov. 11, 2022, but it also snaps a six-week losing streak, which was the longest such streak since the six-week stretch that ended the week ending Oct. 26, 2018. The index had closed Oct. 27 at a six-month low. Many market watchers view the Dow transports as a barometer of economic activity, as the economy couldn\u2019t grow even if manufacturing was strong, if goods aren\u2019t being transported. Within the Dow transports, the best weekly performers were shares of Avis Budget Group Inc.
\n CAR,
\n +6.97%<\/bg-quote>,<\/span>
\n which hiked up 24.3%; of United Airlines Holdings Inc.
\n UAL,
\n +4.72%<\/bg-quote>,<\/span>
\n which ascended 11.3%; and of American Airlines Group Inc.
\n AAL,
\n +5.09%<\/bg-quote>,<\/span>
\n which advanced 10.4%. In comparison, the transports\u2019 sister index, the Dow Jones Industrial Average
\n DJIA,
\n +0.66%<\/bg-quote>,<\/span>
\n has gained 5.3% this week.<\/p>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The Dow Jones Transportation Average DJT, +1.59% rallied 1.7% in afternoon trading, with 18 of 20 components gaining ground, as part of a broader stock market rally. The index was headed for a fifth-straight gain as it has run up 7.2% this week. That would not only be the best one-week performance since it climbed […]<\/p>\n","protected":false},"author":1,"featured_media":78672,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[239],"tags":[83],"class_list":["post-80559","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-investing","tag-featured","post_format-post-format-video"],"yoast_head":"\nDow transports have best week in a year, to snap longest weekly losing streak in 5 years | iFintechWorld<\/title>\n<meta name=\"description\" content=\"The Dow Jones Transportation Average DJT, +1.59% rallied 1.7% in afternoon trading, with 18 of 20 components gaining ground, as part of a broader stock\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ifintechworld.com\/?p=80559\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dow transports have best week in a year, to snap longest weekly losing streak in 5 years | iFintechWorld\" \/>\n<meta property=\"og:description\" content=\"The Dow Jones Transportation Average DJT, +1.59% rallied 1.7% in afternoon trading, with 18 of 20 components gaining ground, as part of a broader stock\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ifintechworld.com\/?p=80559\" \/>\n<meta property=\"og:site_name\" content=\"iFintechWorld\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-04T09:18:39+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-11-04T09:18:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/10\/MW-GP644_MicroS_ZG_20180906154215.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1320\" \/>\n\t<meta property=\"og:image:height\" content=\"742\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"News Room\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"News Room\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/ifintechworld.com\/?p=80559#article\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=80559\"},\"author\":{\"name\":\"News Room\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\"},\"headline\":\"Dow transports have best week in a year, to snap longest weekly losing streak in 5 years\",\"datePublished\":\"2023-11-04T09:18:39+00:00\",\"dateModified\":\"2023-11-04T09:18:42+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=80559\"},\"wordCount\":191,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"keywords\":[\"Featured\"],\"articleSection\":[\"Investing\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/ifintechworld.com\/?p=80559#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ifintechworld.com\/?p=80559\",\"url\":\"https:\/\/ifintechworld.com\/?p=80559\",\"name\":\"Dow transports have best week in a year, to snap longest weekly losing streak in 5 years | iFintechWorld\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/#website\"},\"datePublished\":\"2023-11-04T09:18:39+00:00\",\"dateModified\":\"2023-11-04T09:18:42+00:00\",\"description\":\"The Dow Jones Transportation Average DJT, +1.59% rallied 1.7% in afternoon trading, with 18 of 20 components gaining ground, as part of a broader stock\",\"breadcrumb\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=80559#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ifintechworld.com\/?p=80559\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ifintechworld.com\/?p=80559#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ifintechworld.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Dow transports have best week in a year, to snap longest weekly losing streak in 5 years\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ifintechworld.com\/#website\",\"url\":\"https:\/\/ifintechworld.com\/\",\"name\":\"Repay Down\",\"description\":\"Latest Personal Finance News, Tips and Updates\",\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ifintechworld.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/ifintechworld.com\/#organization\",\"name\":\"Repay Down\",\"url\":\"https:\/\/ifintechworld.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"width\":558,\"height\":90,\"caption\":\"Repay Down\"},\"image\":{\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\",\"name\":\"News Room\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"caption\":\"News Room\"},\"sameAs\":[\"https:\/\/ifintechworld.com\"],\"url\":\"https:\/\/ifintechworld.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Dow transports have best week in a year, to snap longest weekly losing streak in 5 years | iFintechWorld","description":"The Dow Jones Transportation Average DJT, +1.59% rallied 1.7% in afternoon trading, with 18 of 20 components gaining ground, as part of a broader stock","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ifintechworld.com\/?p=80559","og_locale":"en_US","og_type":"article","og_title":"Dow transports have best week in a year, to snap longest weekly losing streak in 5 years | iFintechWorld","og_description":"The Dow Jones Transportation Average DJT, +1.59% rallied 1.7% in afternoon trading, with 18 of 20 components gaining ground, as part of a broader stock","og_url":"https:\/\/ifintechworld.com\/?p=80559","og_site_name":"iFintechWorld","article_published_time":"2023-11-04T09:18:39+00:00","article_modified_time":"2023-11-04T09:18:42+00:00","og_image":[{"width":1320,"height":742,"url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/10\/MW-GP644_MicroS_ZG_20180906154215.jpg","type":"image\/jpeg"}],"author":"News Room","twitter_card":"summary_large_image","twitter_misc":{"Written by":"News Room","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/ifintechworld.com\/?p=80559#article","isPartOf":{"@id":"https:\/\/ifintechworld.com\/?p=80559"},"author":{"name":"News Room","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61"},"headline":"Dow transports have best week in a year, to snap longest weekly losing streak in 5 years","datePublished":"2023-11-04T09:18:39+00:00","dateModified":"2023-11-04T09:18:42+00:00","mainEntityOfPage":{"@id":"https:\/\/ifintechworld.com\/?p=80559"},"wordCount":191,"commentCount":0,"publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"keywords":["Featured"],"articleSection":["Investing"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ifintechworld.com\/?p=80559#respond"]}]},{"@type":"WebPage","@id":"https:\/\/ifintechworld.com\/?p=80559","url":"https:\/\/ifintechworld.com\/?p=80559","name":"Dow transports have best week in a year, to snap longest weekly losing streak in 5 years | iFintechWorld","isPartOf":{"@id":"https:\/\/ifintechworld.com\/#website"},"datePublished":"2023-11-04T09:18:39+00:00","dateModified":"2023-11-04T09:18:42+00:00","description":"The Dow Jones Transportation Average DJT, +1.59% rallied 1.7% in afternoon trading, with 18 of 20 components gaining ground, as part of a broader stock","breadcrumb":{"@id":"https:\/\/ifintechworld.com\/?p=80559#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ifintechworld.com\/?p=80559"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/ifintechworld.com\/?p=80559#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ifintechworld.com\/"},{"@type":"ListItem","position":2,"name":"Dow transports have best week in a year, to snap longest weekly losing streak in 5 years"}]},{"@type":"WebSite","@id":"https:\/\/ifintechworld.com\/#website","url":"https:\/\/ifintechworld.com\/","name":"Repay Down","description":"Latest Personal Finance News, Tips and Updates","publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ifintechworld.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ifintechworld.com\/#organization","name":"Repay Down","url":"https:\/\/ifintechworld.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","width":558,"height":90,"caption":"Repay Down"},"image":{"@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61","name":"News Room","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","caption":"News Room"},"sameAs":["https:\/\/ifintechworld.com"],"url":"https:\/\/ifintechworld.com\/?author=1"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/80559","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=80559"}],"version-history":[{"count":1,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/80559\/revisions"}],"predecessor-version":[{"id":80560,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/80559\/revisions\/80560"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/media\/78672"}],"wp:attachment":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=80559"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=80559"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=80559"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}