Shares of industrial and transportation companies fell as wholesale inflation fears resurfaced.
Jeep maker Stellantis reported an estimated 10% increase in second-quarter vehicle shipments, driven by new model launches in North America.
SpaceX plans to launch the newest version of its Starship rocket later this week, after a mishap postponed an earlier planned mission and prompted the Federal Aviation Administration to require an investigation into the issue. Shares of the rocketry firm tested their IPO price, coming within $2 of the $135 level as traders retreated from artificial-intelligence bets.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
