Fed Raises Rates, Yields Hit 2007 Highs as Fuel Costs Set Records: This Week On Wall Street
The Fed hiked for the first time since 2023; the 10-year yield touched 5.04%, and record diesel prices hit truckers and automakers.
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B of A Securities analyst Ken Hoexter maintains Knight-Swift (NYSE:KNX) with a Buy and lowers the price target from $98 to $92.
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The Fed hiked for the first time since 2023; the 10-year yield touched 5.04%, and record diesel prices hit truckers and automakers.
Knight-Swift (NYSE:KNX) released second-quarter financial results and hosted an earnings call on Wednesday. Read the complete transcript below. This content is powered by Benzinga APIs. For comprehensive financial data
J.B. Hunt’s profit warning and record diesel prices are putting transportation ETFs under pressure. Here’s how XTN, IYT and FTXR compare on trucking exposure.