Shares of industrial and transportation companies were more or less flat as traders hedged their bets on the outlook for economic growth and inflation.

There are some early indications of inflationary pressures easing, said Quincy Krosby, chief global strategist at brokerage LPL Financial, in e-mailed commentary.

Deliveries of Boeing's 787 Dreamliner could resume in the coming days as the Federal Aviation Authority prepares to disclose its finding on the airworthiness of the troubled craft.

Freight giant United Parcel Service agreed to buy Italian closely held medical-products distributor Bomi Group, bulking up in a fast-growing niche.


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

(END) Dow Jones Newswires

08-08-22 1704ET