Industrials Up on Hopes U.S. to Skirt Recession -- Industrials Roundup

Shares of industrial and transportation companies rose amid hopes that the U.S. would skirt a recession.

Ford Motor's July sales in the U.S. climbed 37%, rebounding sharply from production shortages and propelled by growing demand for electric vehicles.

Airbus scrapped a deal valued at billions of dollars to supply Qatar Airways with 19 of its largest aircraft, The Wall Street Journal reported.

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(END) Dow Jones Newswires

08-03-22 1732ET