(The Associated Press circulated the following on October 3.)
NEW YORK — Railroad stocks rose, but lost some steam Friday afternoon following House passage of the $700 billion financial rescue package.
The stocks had followed the broader market higher earlier in the day, as anticipation grew before the vote.
Shares of Union Pacific Corp. rose 49 cents to $62.59. Burlington Northern Santa Fe Corp. gained 21 cents at $83.21. CSX Corp. $1.07 at $48.28.