Industrials Climb on Market Optimism -- Industrials Roundup
Shares of manufacturing and transportation companies ticked higher as markets kept their cool through a series of global events this week.
U.S. trade officials said they would continue to probe alleged unfair price discounting of passenger jets by Bombardier Inc., fueling a dispute that has riled the Canadian government and threatens a big defense sale by Boeing Co.
Airbus raised its forecast for industry-wide plane deliveries for the coming 20 years, despite signs of a slowdown in orders.
The World Trade Organization ruled the U.S. failed to adequately eliminate all illegal state subsidies to Boeing in a move that could trigger retaliatory sanctions from the European Union.
-By Amy Pessetto, amy.pessetto@dowjones.com
(END) Dow Jones Newswires
June 09, 2017 18:42 ET (22:42 GMT)