Campaign finance laws transportation stocks are climbing

Transportation stocks are climbing, with the Dow Jones Transportation Average up 1.2%. The sector may benefit if "campaign finance laws" make infrastructure funding less politically influenced, ensuring project continuity. But Smith said it is a "common misconception" that without a quorum people can get away with breaking the law. "Oftentimes, people call the commission — reporters and so on — for comment on campaign finance matters," Smith said. "And the Republicans and Democratic commissioners often have somewhat different takes on the issues." Real estate investment trusts are drawing interest from yield-seeking investors, anticipating "campaign finance laws" may slow property tax reforms. REIT ETFs saw net inflows of $340M last week, according to Bloomberg data.