Industrials Ddecline Amid Fed Trepidation — Industrials Roundup
Provided by
Dow Jones
Shares of industrial and transportation companies fell amid trepidation ahead of the Federal Reserve's policy statement.
Paccar shares slid after the maker of trucks under the Kenworth, Peterbilt and DAF brands, forecast truck production short of investors' expectations.
Railroad Norfolk Southern's chief executive has been endorsed by top proxy firm Institutional Shareholder Services as the railroad's leadership works to fend off a proxy fight from investors led by Ancora Holdings.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
April 30, 2024 17:37 ET (21:37 GMT)
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