Industrials Up as Energy Inflation Fears Subside — Industrials Roundup

MorningStar
2026.05.20 21:55
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Shares of industrial and transportation companies increased as energy inflation fears eased. Stellantis and Dongfeng Group formed a joint venture to produce and sell vehicles in Europe. Additionally, EU negotiators reached a provisional agreement to eliminate some tariffs on U.S. imports, ahead of a U.S. deadline to increase tariffs on cars.