Bear Market Engulfs Dow Transports as Russell 2000 Loses 25%

Bear Market Engulfs Dow Transports as Russell 2000 Loses 25%

Tim Boyle/Bloomberg

CSX Corp., the biggest eastern U.S. railroad, had its rating cut to “neutral” from “outperform” yesterday by Robert W. Baird & Co., which said “investors have become increasingly concerned about the sustainability of the current economic recovery.”