Shares of industrial and transportation companies rose sharply amid optimism about global trade negotiations.
United Parcel Service agreed to buy Canada's Andlauer Healthcare for about $1.6 billion in an effort to grow in healthcare transportation and logistics. Both UPS and rival FedEx have pushed into high-margin health-supply deliveries as the economic cycle has slowed.
Shares of Dow Inc. rose even after the maker of plastics and other specialty materials warned of a slowdown in demand that prompted a retrenchment of its capital-expenditure plans.
Nissan Motor forecast a $5 billion loss for the fiscal year ended March due to impairments and restructuring expenses, adding to falling sales.
The head of the International Monetary Fund stood by the group's contrarian view that the U.S. and the global economy aren't on track for a recession.
Sonic Automotive shares ticked up despite the auto-dealership chain's decision to pull its earnings forecast. Car prices are particularly sensitive to tariffs.
American Airlines withdrew its full-year guidance after domestic travel demand declined in the first quarter.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
04-24-25 1657ET
