Industrials Up Slightly After Wholesale Inflation Data — Industrials Roundup
Shares of industrial and transportation companies ticked up as strong manufacturing data offset factory-gate inflation concerns.
The producer-price index rose by 1.3% in September on a month-to-month basis, markedly above the 0.4% increase in August and economists' expectations of 0.6%. It was the largest increase in the gauge for more than four years.
The Federal Reserve Bank of New York's manufacturing index rose sharply in October.
Rocket Lab shares fell after the SpaceX rival delayed the launch of its Neutron reusable rocket until next year, citing a manufacturing hitch.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
October 15, 2026 17:36 ET (21:36 GMT)
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