Industrials Down After Mixed Economic Data -- Industrials Roundup
|04/07/2021 | 05:19pm|
Shares of industrial and transportation companies fell amid concerns about global trade and Federal Reserve policy.
A 2.6% seasonally adjusted decline put U.S. exports at $187.3 billion for the month, marking the first decline since May, and widening the U.S. trade deficit to $71.1 billion, the largest deficit on record, the Commerce Department said.
Raytheon Technologies' chief executive said the company's Pratt & Whitney engines will be back in service on Boeing 777s at some stage after the jets were grounded by regulators following a series of engine accidents.
Write to Rob Curran at firstname.lastname@example.org
(END) Dow Jones Newswires