Dow transports sinks as all 20 components lose ground

The Dow Jones Transportation Average DJT, -0.60% is shedding 1.2%, with all 20 of its components losing ground, as President Trump’s threat to escalate the U.S.-China trade war raised concerns about the outlook for economic growth. Of the Dow transports leading losers, shares of American Airlines Group Inc. AAL, -0.70% sank 2.6%, Avis Budget Group Inc. CAR, -1.70% slid 2.3% and FedEx Corp. FDX, -1.46% gave up 1.9%, while the best performer was Landstar System Inc.’s stock LSTR, +0.58% which slipped 0.2%.

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