Shares of industrial and transportation companies rose on economic optimism.
In a good sign for industrial activity, shares of forklift maker Hyster Hyster-Yale Materials Handling rallied after it reported first-quarter earnings growth.
Wholesale inventories in the U.S. fell 0.4% in March, the Commerce Department reported. The historic first crewed launch of Boeing's Starliner spacecraft will take place no earlier than May 17, after Monday's launch attempt was scrubbed two hours before takeoff.
Siemens rose after the German industrial conglomerate unveiled a restructuring of its Gamesa energy affiliate.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
05-08-24 1722ET
