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The Dow Jones Transportation Average’s relative weakness may be a warning that there could be more to worry about than just a temporary freight-specific slowdown.
The Dow transports DJT fell 0.1% in afternoon trading, putting them on track for a fourth straight loss. The decline follows a 4.7% tumble on Friday, the biggest one-day drop since June 11, 2020, even through its more widely followed sister index, the Dow Jones Industrial Average DJIA, rose 0.4% on Friday.
That…
