Shares of industrial and transportation companies slipped amid continued concerns about the outlook for economic demand.

Trex plunged after the maker of composite decking warned of a slowdown in demand, the latest sign that consumers are pulling back on big-ticket purchases.

A major fire apparently started by a Mercedes-Benz EQE electric vehicle was set to further complicate global EV development pushes.


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

(END) Dow Jones Newswires

08-07-24 1754ET