The port strike, though very damaging, may aid transportation stocks like FDX, UPS, CHRW and EXPD.
Shares of energy company APA Corp. and defense company Northrop Grumman rise after Israel’s military says Iran launched missiles at the country, a report says Boeing is considering raising at least $10 billion by issuing new stock, and CVS is conducting a strategic review of options, including a possible breakup.
An East Coast port strike began Tuesday, racking up estimated economic costs of $5 billion per day. Here are the stocks analysts are watching.