Industrial stocks climbed on Tuesday despite a Commerce Department report showing weaker goods orders in April. Government data published Tuesday showed that U.S. factory orders declined in April, reversing gains notched in March as buyers stocked up ahead of new tariffs.
Heavy-equipment manufacturers closed out a solid session. Boeing, Deere and Caterpillar each gained more than 0.9%.
Builders FirstSource continued to recover from a swift selloff Monday morning that followed a renewal of trade tension over the weekend.
Write to Matt Grossman at matt.grossman@wsj.com
(END) Dow Jones Newswires
June 03, 2025 17:10 ET (21:10 GMT)
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