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.

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(END) Dow Jones Newswires

05-15-24 1741ET