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Dow ekes out narrow gain Friday for 10th straight positive day, longest rally since 2017: Live updates

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[ad_1] Traders on the floor of the NYSE June 29, 2023. Source: NYSE Stocks were mixed Friday as traders assessed the latest corporate earnings results, and the Dow Jones Industrial Average stretched its winning streak to 10 sessions. The 30-stock Dow climbed 2.51 points, or 0.01%, to close at 35,227.69. The S&P 500 added 0.03% … Read more

Where the trucking and rail recession is showing up in the economic data

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[ad_1] J.B. Hunt Transport Services president Shelley Simpson recently said the industry was in the midst of a “freight recession.” Luke Sharrett | Bloomberg | Getty Images A common talking point from executives on logistics company earnings calls this quarter when discussing weak performance — a slowdown in freight volumes — is backed up by … Read more