Shares of industrial and transportation companies rose to all-time highs amid optimism about the 2026 growth outlook.
After a year in which tariffs and mass deportations dominated the Trump administration's domestic policies and skewed economic activity, investor focus might turn to deregulation and merger-and-acquisition activity in 2026, said J.D. Joyce, president of Houston financial advisory Joyce Wealth Management.
CACI International struck a deal to buy aerospace and defense technologies company ARKA Group from asset manager Blackstone for $2.6 billion in cash in a deal that bolsters the national-security company's space strategy.
Cintas, a large maker of workplace products, has submitted another offer to acquire smaller uniform supplier UniFirst, showing no signs of giving up after nearly four years of failing to get a deal done.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
12-22-25 1755ET
