Dow transports set closing record high after 2-year wait

The Dow Jones transportation average hit a record high close, led by increases in shares of Norfolk Southern , Union Pacific and FedEx Corp , giving some investors hope the stock market is poised for further gains. The Dow Jones industrial average , which has been setting record highs recently, closed at a fresh high on Wednesday as stocks continued a rally that began with Donald Trump's win in the Nov. 8 U.S. presidential election. Market watchers who look for parallels in the performance of bo