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Industrials Down On Earnings Nerves -- Industrials Roundup

10/11/2021 | 04:45pm EST

Shares of industrial and transportation companies fell amid nervousness about the outlook for earnings growth.

Wall Street brokerage Morgan Stanley was among those warning that the third-quarter earnings season would likely disappoint investors because of rising prices and other factors.

Emerson Electric plans to merge two of its software businesses with Aspen Technology in a roughly $11 billion deal aimed at capturing growing demand for industrial technology.

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

(END) Dow Jones Newswires

10-11-21 1644ET

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