Shares of industrial and transportation companies fell as reopening stocks led the market lower.
On Tuesday, data are expected to show that U.S. industrial production rose in May, led by a pickup in manufacturing. Factory activity around the world has faced similar opportunities and challenges: red-hot demand, rising costs, supply-chain bottlenecks and trouble hiring workers.
The Transportation Security Administration reported that more than two million airline passengers were screened nationwide both Sunday and Friday, marking the first two million-plus daily tallies in 15 months.
Toshiba Chairman Osamu Nagayama said the company will look for new directors after a probe found it worked with the Japanese government against foreign shareholders.
A ticket to go into space next month with Jeff Bezos went for almost $30 million, including the commission, in a charity auction Saturday, said Blue Origin, the space company founded by the billionaire. The winner of the live phone auction wasn't revealed Saturday - Blue Origin said it had to complete final paperwork - but is expected to be named in two weeks.
Write to Amy Pessetto at amy.pessetto@dowjones.com
(END) Dow Jones Newswires
06-14-21 1720ET
