Industrials Down On Fed Nerves -- Industrials Roundup

Shares of manufacturing and transportation companies fell as traders hedged their bets on the outlook for interest rates.

Specialist materials firm Corning agreed to buy almost all of manufacturing conglomerate 3M's optical fiber and copper cable business for $900 million in cash.

Samsung Heavy Industries, the world's third-biggest shipyard by capacity, replaced its chief executive after recent earnings warnings had weighed on the company's value.

--Rob Curran, rob.curran@dowjones.com

(END) Dow Jones Newswires

December 11, 2017 16:19 ET (21:19 GMT)