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Industrials Slip As Traders Hedge On Delta Spread Implications - Industrials Roundup

07/30/2021 | 04:35pm EDT

Shares of industrial and transportation companies fell slightly as traders hedged their bets on the outlook for economic growth, in light of rising concerns about the Delta variant of Covid 19.

The Centers for Disease Control said in a report on Friday that 127 vaccinated people infected with the Delta variant during an outbreak in Cape Cod, Massachusetts, appeared to carry as much virus as 84 unvaccinated or partially vaccinated people who become infected.

A federal agency upheld the decision to make Elon Musk's SpaceX the sole winner of a contract to develop a lander for the National Aeronautics and Space Administration's return to the moon, a setback to Jeff Bezos' space enterprise.

Polaris is weighing additional price increases and adding suppliers as parts shortages dent the sports-vehicle maker's retail sales.

Shares of Canada's SNC Lavalin fell slightly after the engineering-and-construction concern posted growth in some businesses in the latest quarter.

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

(END) Dow Jones Newswires

07-30-21 1634ET

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