Industrials Down as Economic, Rate Concerns Offset Deal Activity - Industrials Roundup

Shares of industrial and transportation companies fell as weak economic data offset deal activity.

Silgan Holdings agreed to buy Trivium Packaging, a fellow supplier of metal packaging products for consumer products, for about $3.4 billion.

Shares of Cardinal Infrastructure Group rose after the company amended its agreement to acquire Hughes Brothers Construction.

A gauge of U.S. homebuilder confidence fell to the lowest level since June 2012.

Treasury markets priced in a higher likelihood of a rate hike from the Federal Reserve in October.


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

(END) Dow Jones Newswires

October 19, 2026 17:41 ET (21:41 GMT)

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