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Industrials Up On Rotation To Value Sectors From Growth - Industrials Roundup

05/04/2021 | 04:52pm EDT

Shares of industrial and transportation companies ticked up as traders rotated into value sectors from growth sectors such as technology.

Shares of truck-engine maker Cummins ticked up even after it warned that chip shortages were causing supply-chain headaches, and said Chinese demand could soon slow.

General Electric shares fell after shareholders at the industrial conglomerate rejected the companies' executive compensation plans in nonbinding votes, continuing a backlash against highly paid "C-suite" executives at publicly traded companies.

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

(END) Dow Jones Newswires

05-04-21 1651ET

Stocks mentioned in the article
ChangeLast1st jan.
DJ INDUSTRIAL -1.31% 33792.01 Delayed Quote.13.51%
GENERAL ELECTRIC COMPANY -1.75% 12.865 Delayed Quote.21.20%
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