Industrials Up on Deal Activity -- Industrials Roundup

Shares of industrial and transportation companies rose due to deal activity, including TopBuild's $1 billion acquisition of Specialty Products and Insulation. Other notable mergers include Home Depot's $5.5 billion acquisition of GMS and Lowe's $8.8 billion purchase of Foundation Building Materials. General Motors is reconsidering a plan to extend the federal electric-vehicle tax credit, while BMW faces declining demand in China. Verisure had a successful stock-market debut, and the IMF noted the global economy is performing better than expected despite challenges.