Shares of industrial and transportation companies rose amid optimism about first-quarter earnings season.

Companies representing roughly 40% of the Standard & Poor's 500 index will report earnings this week, and growth expectations are high, said J.D. Joyce, president of Houston financial advisory Joyce Wealth Management.

Japanese auto maker Nissan Motor shares fell sharply after it slashed its projection for profit in the fiscal year.

Write to Rob Curran at

(END) Dow Jones Newswires

04-22-24 1713ET