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

Federal Reserve Chairman Jerome Powell reiterated his commitment to fighting inflation to the last, while Fed Bank of Chicago President Charles Evans suggested he was flexible on the size of the next rate increase.

Airbus is capitalizing on an ongoing freeze of Boeing deliveries to China.

Electric vehicle maker Rivian Automotive partnered with Mercedes-Benz Group to establish a new European factory to make both companies' electric vans.

Senior U.S. officials visiting Ukraine and Germany announced $675 million in new military assistance to Ukraine and $2 billion in additional funding for that country and other nations in the region, as Kyiv launches offensives to try to retake territory captured by Russian troops this year.

General Motors plans to release an electric Chevrolet SUV priced around $30,000, targeting cost-conscious buyers as prices soar on other plug-in models.


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

(END) Dow Jones Newswires

09-08-22 1702ET