Shares of industrial and transportation companies rose as investors bet that the U.S. Congress would pass a second round of stimulus.

The flight from cyclical sectors in the last four weeks appears to be reversing itself.

"Although the U.S. elections and seasonal threats for increased Covid-19 are sources of uncertainty for the market, the massive amounts of liquidity that the Federal Reserve has injected into the financial system this year has created a floor under the market," said Chris Zaccarelli, chief investment officer for adviser network the Independent Advisor Alliance, in e-mailed commentary.

General Electric shares rose after the Federal Aviation Administration certified its GE9X engine for commercial flight. 



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