The second-quarter earnings picture for the transportation sector has been shaping up strongly.
Smart Beta ETF report for XTN
Sector ETF report for IYT
Inflation in the United States turned hotter and roared to a level not seen in more than four decades, compelling the Fed to act more aggressively to rapid price increases throughout the economy.
Of the 16 Zacks sectors, 10 are expected to record positive earnings growth for the second quarter. We have highlighted one ETF from the five sectors that could make great plays as the earnings season...
Sector ETF report for XTN
FedEx missed on earnings but beat the revenue estimates. The parcel company issued a stronger-than-expected full-year forecast for fiscal 2023.
Sector ETF report for JETS
The annual inflation rate in the United States unexpectedly accelerated in May 2022, the highest since December 1981.
Memorial Day Weekend is around the corner and will start the summer travel season. These ETF areas are likely to gain this year from the Memorial Day event.