Shares of industrial and transportation companies rose amid a generally promising start to earnings season.
General Motors said it would reduce electric-vehicle manufacturing capacity and booking a $1.6 billion charge on its EV business as demand wilted due to discontinued incentives.
The European Union cleared Boeing's roughly $4.7 billion deal to acquire Spirit AeroSystems Holdings after the jet maker offered to sell some Spirit operations in an effort to ease competition concerns.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
October 14, 2025 17:10 ET (21:10 GMT)
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