Shares of industrial and transportation companies ticked up amid mixed earnings.
Tractor and combine maker Deere raised its fiscal-year outlook and said demand in the construction and small agriculture markets was recovering.
Airbus said it would deliver fewer aircraft than expected this year because of significant shortages of Pratt & Whitney engines, a highly unusual rebuke of a major supplier. Shares of the European plane maker plunged after the company said the engine issue had forced it to slow production of its bestselling A320 jets.
Shares of Pratt & Whitney owner RTX, formerly known as Raytheon, ticked down, but remain sharply higher for the last 12 months.
Shares of Airbus rival Boeing fell, amid fears that the latest supply-chain hitch foreshadowed further troubles in that area for Boeing.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
February 19, 2026 17:20 ET (22:20 GMT)
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