Shares of industrial and transportation companies rallied after economic data stirred hopes for a peak in inflation and Federal Reserve rate hikes.

In a good sign for global trade, President Biden is set to meet with his Chinese counterpart, Xi Jinping, in Indonesia on Monday.

Janus International rose after the maker of doors and other equipment for industrial buildings posted surprisingly robust earnings growth.

California is suing 3M and DuPont de Nemours along with other manufacturers of PFAS, carcinogenic chemicals used in a wide range of consumer goods.


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

(END) Dow Jones Newswires

11-10-22 1710ET