Industrial Shares Rise in Broader Quarter-End Rally — Industrials Roundup
Shares in the industrial sector rose as the broader market rallied to end a strong second quarter.
Drone and defense technology provider AeroVironment late Monday reported better-than-expected quarterly earnings and shares jumped as investors breathed a sigh of relief.
Ford Motor is recalling more than 740,000 vehicles due to a transmission and parking system issue, federal regulators said.
Federal aviation regulators are preparing to mandate the use of technology that would help pilots see nearby aircraft, a fix that safety advocates have sought since a deadly midair collision in Washington, D.C., last year.
Patrick Industries and LCI Industries have entered an agreement to combine in an all-stock merger, making for a tie-up between two recreational-vehicle component makers.
Write to Paulo Trevisani at paulo.trevisani@wsj.com
(END) Dow Jones Newswires
June 30, 2026 17:42 ET (21:42 GMT)
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