Shares of industrial and transportation companies fell after Boeing posted a $6 billion loss, reflecting engineering mishaps and a machinist strike.

Shares of the aerospace giant slid after new Chief Executive Kelly Ortberg warned there was much work left to be done before a new jet could be launched.

Defense contractor General Dynamics fell after it reported earnings shy of some investors' expectations.

Honeywell International fell ahead of the manufacturing conglomerate's earnings report.

Old Dominion Freight Line's profit and revenue slipped in the third quarter as declining freight demand offset improved pricing.

Frontier Airlines is exploring a renewed bid for Spirit Airlines, people familiar with the matter said, as Spirit continues discussions with bondholders over the terms of a potential bankruptcy filing.

Tire maker Michelin cut its guidance for the year after weaker demand caused by high interest rates hurt sales in the first nine months.


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

(END) Dow Jones Newswires

10-23-24 1756ET