Shares of industrial and transportation companies rose after muted inflation data.
German container line Hapag-Lloyd said shipping demand is growing and freight rates are rising, in a fresh sign of a potential rebound in a sector at the center of international trade.
Thyssenkrupp slipped after the German steelmaker and factory operator cut its growth projection for a second time. Shares of Thyssen have lost roughly one-fifth of their value for the year to date.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
05-15-24 1741ET
