Industrials Advance on Trade Optimism - Industrials Roundup

Published: 2025-05-16 17:24:19 ET LMT

Published on 05/16/2025 at 17:24

Shares of industrial and transportation companies rose on trade optimism.

The cost of imports to the U.S. rose slightly, as a decline in oil prices masked tariff-related increases in industrial components and other key items.

U.S. defense contractor Lockheed Martin is accelerating talks for new partnerships in Europe, a senior executive said, amid a continental push to reduce its military reliance on American arms makers.

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(END) Dow Jones Newswires

05-16-25 1723ET