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Industrials Advance After PPI Data - Industrials Roundup

Dow Jones01-15

Shares of industrial and transportation companies rose after a surprisingly weak reading of wholesale inflation quelled fears about factory costs and the interest-rate outlook.

The producer price index Boeing shares fell after the jet maker reported lackluster order levels for December.

The plane maker delivered 18 737s in December, twice the number it shipped out in October and November when a strike halted most of its production.

It was not enough to cushion the impact of the machinists' strike on total 2024 deliveries, which fell by 180 to 348 jets.

 

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

(END) Dow Jones Newswires

January 14, 2025 17:15 ET (22:15 GMT)

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