(Source: Associated Press, August 18, 2011)
NEW YORK — According to the Association Press, railroad stocks took a dive Thursday as the broader market tumbled on concerns about the fragility of the economy and a report from the Association of American Railroads that said traffic on U.S. rails fell last week.
Union Pacific stock fell 6.8 percent; CSX fell 6.3 percent; and Norfolk Southern fell 5.4 percent.
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