Shares of industrial and transportation companies rose after a generally strong round of earnings.
Shares of British engine maker Rolls-Royce rose after it slated a $12 billion share buyback plan, and raised earnings targets.
French electric-components maker Schneider Electric posted record full-year revenue and free cash flow, and said Chief Financial Officer Hilary Maxson would step down.
Economic indicators are mixed. New weekly jobless claims rose 4,000 to 212,000 in the week through Feb. 21.
Spot rates to ship boxes from China, Japan and South Korea to the U.S. West Coast have been falling for weeks and recently dropped below long-term contract rates, according to Oslo-based transportation-data firm Xeneta.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
02-26-26 1744ET
