Industrials Drop After Factory Data — Industrials Roundup morningstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com Daily Mail and Mail on Sunday newspapers.
Shares of industrial and transportation companies declined as traders hedged their bets on the outlook for economic activity. There's likely to be further.
Shares of energy companies rallied, as oil futures recouped some recent losses. The SPDR Select Sector Energy exchange-traded fund, which tracks the energy industry group of the S&P 500, rose.