Shares of manufacturing and transportation rose after strong industrial production data.
Industrial production -- a measure of output at factories, mines and utilities -- rose a seasonally adjusted 0.9% in December from the prior month, partly reflecting a rise in heating demand during a cold spell in the U.S., the Federal Reserve said Wednesday. The "beige book" survey of regional economic activity gathered by the Federal Reserve suggested U.S. growth continued at a modest-to-moderate pace in December.
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(END) Dow Jones Newswires
January 17, 2018 17:20 ET (22:20 GMT)