Shares of industrial and transportation companies surged as inflation concerns subsided.

President Trump reportedly expressed intentions to bring the Iran war to a close soon.

Arms maker Rheinmetall said it struck a deal with Boeing's Australian unit to offer autonomous combat aircraft for the German armed forces, bolstering its airspace capabilities.

Shares of Boeing rose 5% Tuesday, but are still down 12% for the year to date.


Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

03-31-26 1809ET