Shares of industrial and transportation companies surged after strong factory and jobs data.
The Institute for Supply Management's purchasing managers index edged up to 52.7 in March from 52.4 in February.
U.S. private employers added 62,000 workers in March, according to ADP's latest tally.
General Motors' first-quarter sales plunged, falling 9.7%, in its biggest drop in almost four years, as high interest rates and vehicle prices across the industry held buyers back even before the recent spike in gasoline prices.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
04-01-26 1717ET
