Industrials Up on Hopes for Loose Rates - Industrials Roundup
Shares of industrial and transportation companies rose amid optimism about interest rates.
Federal Reserve Chairman Kevin Warsh will address the Jackson Hole central bankers' conference next week.
Federal auto-safety regulators are opening an investigation into nearly one million General Motors pickup trucks and sport-utility vehicles after receiving hundreds of reports of engine failures.
Private military contractor and President Trump ally Erik Prince is preparing to launch a startup, Vectus Air Defense Systems, that he said would help protect critical infrastructure such as data centers, energy installations and military bases from drone attacks.
Hyundai Motor's unionized workers staged a full-day strike for the first time in a decade, bringing production to a complete halt as they pressed demands for better wages and job protections.
Trucking line C.H. Robinson Worldwide reported a higher profit as increased prices across several of its services boosted the company's top line.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
August 21, 2026 17:35 ET (21:35 GMT)
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