UPS Delivers Stellar Earnings, Lifts Transportation Sector ETFs

by admin | 02/01/2022, 14:40

Transportation sector-related exchange traded funds jumped after UPS posted record quarterly earnings on Tuesday and projected an optimistic 2022 outlook. The iShares Transportation Average ETF (IYT) increased 3.0% on Tuesday, breaking above its long-term resistance at the 200-day simple moving average and testing its short-term resistance at the 50-day simple moving average. Meanwhile, the broader […] Read more at ETFtrends.com.

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