Shares of industrial and transportation companies fell as traders braced for further supply-chain interruptions and rising prices.
In a good sign for global manufacturing activity, Japan’s exports increased in October for the eighth consecutive month, driven by demand for mineral fuels, steel- and semiconductor-related products in key overseas markets.
Boeing shares rose after analysts at brokerage Wells Fargo boosted their rating on the aerospace giant’s shares, reflecting growing Wall Street confidence in the jet maker’s turnaround plans.
A commission of security and economic experts convened by Congress recommended that the U.S. take more aggressive steps to dial back commercial ties with China, warning of heightened national security risks, The Wall Street Journal reported.
Write to Rob Curran at [email protected]
(END) Dow Jones Newswires
November 17, 2021 16:20 ET (21:20 GMT)
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