Shares of industrial and transportation companies fell slightly, as inflation concerns offset deal activity.
Investment firm Bain Capital agreed to buy Japanese conglomerate Olympus's life-science and industrial applications unit for about $3.11 billion.
Honda Motor and LG Energy Solution plan to build a $4.4 billion electric-vehicle battery factory in the U.S., the latest tie-up between auto makers and battery suppliers seeking to expand capacity by sharing upfront costs.
Aerojet Rocketdyne rose slightly after NASA officials ruled out the company's RS-25 engines as the primary cause for scrubbing its Artemis I lunar mission.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
08-29-22 1627ET
