Industrials Up After Fed Statement, Tax Hopes - Industrials Roundup

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Shares of manufacturing and transportation companies rose in the wake of the Federal Reserve's statement and as congressional Republicans said they had agreed on a final version of a tax bill. Boeing executives told a British parliamentary committe that the aviation giant had been turned into a "scapegoat" in political maneuvering around what the company characterized as a commercial dispute with Canadian jet maker Bombardier. Data firm ShipMatrix said FedEx's on-time rate was consistently higher than rival United Parcel Service's recently.

-Rob Curran, rob.curran@dowjones.com

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(END) Dow Jones Newswires

December 13, 2017 16:21 ET (21:21 GMT)