Why Railroad Stocks Are Moving Higher Today
Weekend progress toward resolving the trade spat between the United States and China has markets rallying, and railroad stocks are among the big winners.Shares of Union Pacific (NYSE: UNP), CSX (NASDAQ: CSX), Norfolk Southern (NYSE: NSC), Canadian Pacific Kansas City (NYSE: CP), and Canadian National (NYSE: CNI) were all up more than 5% as of 11 a.m. ET.Image source: Getty Images.Continue reading
Weekend progress toward resolving the trade spat between the United States and China has markets rallying, and railroad stocks are among the big winners.
Shares of Union Pacific (NYSE: UNP), CSX (NASDAQ: CSX), Norfolk Southern (NYSE: NSC), Canadian Pacific Kansas City (NYSE: CP), and Canadian National (NYSE: CNI) were all up more than 5% as of 11 a.m. ET.
Image source: Getty Images.
