Industrials Up After Strong Factory Data -- Industrials Roundup

FeaturesDow Jones Newswires

Shares of manufacturing and transportation rose after a strong reading of factory activity.

The Richmond, Va., Federal Reserve's current-conditions manufacturing index jumped to 30 in November from 12 in October, for the highest reading since 1993.

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Diversified manufacturer Emerson Electric dropped its offer to buy Rockwell Automation after the maker of automated manufacturing equipment resisted negotiations despite its rival boosting an unsolicited buyout bid twice.

-Rob Curran, rob.curran@dowjones.com

(END) Dow Jones Newswires

November 28, 2017 16:37 ET (21:37 GMT)