iShares Dow Jones Transportation Average Index Fund (IYT) -1.6%
The transportation ETF is facing pressure, with the airlines leading the retreat. United Continental (UAL) is taking one of the biggest hits, declining 7% in early afternoon trading. Delta (DAL), AMR (AMR) and JetBlue (JBLU) are all facing declines as well.
IYT is well suited to protect against volatile regions of the transportation industry such as airlines. The industry represents only 6% of the fund's index.
All prices as of 2:14 PM ESTWritten by Don Dion in Williamstown, Mass.