Industrials Up After Rockwell, DuPont Earnings - Industrials Roundup

Published: 2026-05-05 17:18:22 ET DD

Published on 05/05/2026 at 05:18 pm EDT

Shares of industrial and transportation companies rose amid optimism that factory operators would digest rising energy costs.

Rockwell Automation rose to all-time highs after the provider of automated manufacturing equipment raised is fiscal 2026 growth projection outlook after posting higher profit and sales in its fiscal second quarter.

DuPont de Nemours rallied after the maker of specialty materials such as Tyvek and Kevlar posted earnings ahead of Wall Street targets.

Investors were relieved that DuPont was able to offset pressure from the closure of the Strait of Hormuz, which bottled up feedstock for some chemicals, with strong sales of less affected chemicals.

Nissan Motor plans to slash hundreds of jobs in Europe and overhaul its operations in the region, part of efforts from the Japanese carmaker to cut costs in a highly competitive market.

Write to Rob Curran at [email protected]

(END) Dow Jones Newswires

05-05-26 1717ET