Shares of industrial and transportation companies were more or less flat as traders hedged their bets on the outlook for growth.
Manufacturing activity in the Richmond Federal Reserve region rose well past expectations this month, with a reading of 13, compared to 3 in April.
Canadian officials have entered into talks to acquire GlobalEye surveillance aircraft from Swedish defense contractor Saab, Prime Minister Mark Carney said, as the nation rebuilds its military and strengthens security ties with Europe.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
