Industrials Up After Durable-Goods Orders - Industrials Roundup

Shares of industrial and transportation companies rose after strong factory data.

Orders for durable goods rose 0.7% in April, marking the third straight monthly gain, the Commerce Department said.

Fears that a resurgence in economic growth and inflation would cause the Federal Reserve to indefinitely postpone rate cuts have waxed and waned all week.

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(END) Dow Jones Newswires

05-24-24 1724ET