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Dow Transports Surge Ahead

Tuesday, 15 Feb 2011 | 2:15 PM ET

While the major indices have not been able to get anywhere near positive territory today, the Dow Jones Transportation Averagehas been quietly climbing since early this morning and is now in positive territory, a point or two from breaking past the old closing high of 5228.30 on January 17.

Twelve of the twenty components are positive, with CSX poised for a new closing high.

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  • A CNBC reporter since 1990, Bob Pisani covers Wall Street from the floor of the New York Stock Exchange.

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