Shares of industrial and transportation companies rose, but not by as much as the broad market, amid factory layoffs and labor disputes.

Jet-fuselage supplier Spirit AeroSystems is laying off 400 to 450 workers at its Wichita, Kan., factory as the company grapples with a production slowdown at Boeing, its biggest customer.

The United Auto Workers suffered a setback as workers rejected unionization at a large Mercedes-Benz plant in Alabama, following a poll of roughly 5,000 workers.

Write to Rob Curran at

(END) Dow Jones Newswires

05-17-24 1750ET