Shares of industrial and transportation companies rose after Boeing received a major order for its 737 MAX jet, just as it prepares to launch the aircraft again. The 737 MAX was grounded more than a year ago.

Irish budget airline Ryanair Holdings agreed to buy 75 of Boeing's troubled model, which would be worth $7 billion at list prices.

Senate leaders said Thursday that a coronavirus-aid compromise was within reach, but expressed wariness over the underlying political tension and policy disputes, WSJ reported.

"It will not surprise me if there's no stimulus package before January," said Scott Clemons, chief investment strategist at Brown Brothers Harriman.

"You have to handicap the politics of it: I'm not sure the outgoing administration wants to hand that to the incoming administration. Secondly, I'm not sure the incoming administration would want it. If I were to channel my inner Joe Biden, I would think: 'why don't I see how these Georgia Senate races go? Why don't I see how it goes with my old buddy Mitch [McConnell] from the Senate. Maybe I can get a better deal."

3M said it plans to cut 2,900 jobs to reflect slumping demand for some of its products during the coronavirus pandemic.

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

(END) Dow Jones Newswires

12-03-20 1636ET