Industrials Up on Earnings Optimism - Industrials Roundup

Shares of industrial and transportation companies rose amid earnings optimism.

Canadian Prime Minister Mark Carney said the Ottawa government was hoping to reopen negotiations with the Trump administration on a deal that would provide relief on steel and auto tariffs. In the meantime, Carney said his government would provide billions in financial support to steel and automakers to avert job losses triggered by the clash with the U.S. over trade.

Paint maker Akzo Nobel entered talks with potential buyers of its European vehicle refinishing business, seeking to secure regulatory clearance for a proposed merger with U.S. peer Axalta Coating.


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

(END) Dow Jones Newswires

October 21, 2026 17:40 ET (21:40 GMT)

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