Shares of industrial and transportation companies fell as mixed economic data and Federal Reserve policy fears offset deal activity.

Initial jobless claims rose by 37,000 to 412,000 in the week ended June 12, even as the four-week average of claims remained on the decline.

Danaher shares rallied after the diversified manufacturer agreed to buy pharmaceutical contract manufacturer Aldevron from investment firm EQT for about $9.6 billion in cash.

China launched a rocket bearing pioneering astronaut Liu Boming and two others as part of the first mission to staff the nation's new space station.


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

(END) Dow Jones Newswires

06-17-21 1648ET