Industrials Up Amid Hopes Oil Spike is Short-lived — Industrials Roundup

Shares of industrial and transportation companies rose in volatile trading amid hopes that a spike in oil prices would be short-lived.

Economically sensitive companies such as Caterpillar initially saw shares slide before swinging into the green as oil pared its gains.

In an interview with a CBS reporter, President Donald Trump said the war could soon be over.

Gunmaker Sturm Ruger said rival Beretta was seeking to gain control of the company through discounted share purchases and outsized governance rights.

Archer Aviation, a company that designs electric flying taxis, sued Joby Aviation, alleging that its rival spent years deceiving federal regulators and investors by concealing extensive ties to Chinese suppliers.


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

(END) Dow Jones Newswires

March 09, 2026 17:54 ET (21:54 GMT)

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