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MarketScreener Homepage  >  Indexes  >  USA  >  DJ Industrial    DJI

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DJ INDUSTRIAL (DJI)
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0.17%
26538.56 PTS
Delayed Quote. Delayed  - 09/25 11:02:46 pm
26492.21 PTS   -0.26%
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Industrials Down As Treasury Rates Rise -- Industrials Roundup

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02/27/2018 | 10:25pm CEST

Shares of manufacturing and transportation companies declined as Treasury rates rose in the wake of Federal Reserve Chairman Jerome Powell's congressional testimony.

Shares of Boeing rose, cushioning losses for the Dow Jones Industrial Average, after it struck a high-profile deal with the White House. The Trump administration agreed to a $3.9 billion deal to replace the two jumbo jets that fly as Air Force One.

One money manager said industrial and transportation companies are among the biggest beneficiaries of the recently passed tax cuts. "The smaller you are, the less complicated your tax structure, the more domestic you are, the more likelihood you're paying the top rate of tax, and the more savings you get," said Eric Marshall, president and director of research for mutual-fund firm Hodges Capital Management.

--Rob Curran, rob.curran@dowjones.com

Stocks mentioned in the article
ChangeLast1st jan.
DJ INDUSTRIAL -0.26% 26492.21 Delayed Quote.7.17%
NASDAQ 100 0.19% 7563.1939 Delayed Quote.18.02%
NASDAQ COMP. 0.18% 8007.4713 Delayed Quote.15.70%
S&P 500 -0.13% 2915.56 Real-time Quote.9.19%
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Top / Flop DJ INDUSTRIAL
MCDONALD'S CORPORATION 166.41 Delayed Quote.1.90%
WALT DISNEY COMPANY (THE) 113.63 Delayed Quote.0.76%
APPLE 222.19 Delayed Quote.0.63%
CHEVRON CORPORATION 123.37 Delayed Quote.0.61%
VISA 149.58 Delayed Quote.0.32%
3M COMPANY 210.64 Delayed Quote.-1.34%
PROCTER & GAMBLE COMPANY 83.12 Delayed Quote.-1.36%
UNITEDHEALTH GROUP 263.51 Delayed Quote.-1.44%
INTEL CORPORATION 45.91 Delayed Quote.-2.13%
NIKE 81.555 Real-time Quote.-3.82%
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