Industrials Flat Ahead of Big Events Thursday -- Industrials Roundup

Shares of manufacturing and transportation companies were flat as investors took a wait-and-see approach ahead of scheduled events that have the potential to create big moves in global markets.

Along with a policy decision from the European Central Bank on Thursday, former U.S. Federal Bureau of Investigation director James Comey is expected to testify to a Senate committee in Washington that is investigating possible Russian involvement in the U.S. election.

Early results for the U.K. general election will start coming in, with the latest polls suggesting a tighter race than originally anticipated.

In corporate news Wednesday, Navistar shares fell as the truck maker swung to a bigger-than-expected loss in its fiscal 2Q as a glut of used trucks in its inventory weighed down results.

The EU announced EUR500 million in funding by 2020 for a program to unify its fractured defense market and jointly develop advanced weapon systems following President Donald Trump's call for allies to increase military spending.

Amy Pessetto,

(END) Dow Jones Newswires

June 07, 2017 18:32 ET (22:32 GMT)