Shares of industrial and transportation companies fell after weak earnings and economic data.

New orders for products meant to last at least three years decreased 0.4% to a seasonally adjusted $261.3 billion in September when compared with August, the Commerce Department said.

Aerospace giant Boeing reported a third-quarter loss as 787 Dreamliner production problems and its latest space launch setback offset a recovery in demand for new aircraft.

Democrats struggled to piece together even the outline of an agreement on their social-policy and climate bill, as White House officials traveled to Capitol Hill to meet with centrists who have objected to elements of the plan.

Shares of General Motors fell after the auto giant said its net profit dropped 40% in the third quarter compared with a year earlier as the computer-chip shortage dented factory output.

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

(END) Dow Jones Newswires

10-27-21 1634ET