Shares of industrial and transportation companies rose, but not by as much as the broad market, amid mixed earnings and economic data.

The Commerce Department said U.S. gross domestic product-the value of all goods and services produced across the economy, adjusted for inflation and seasonal changes-rose at a 1.5% annual rate in the second quarter, short of economists' expectations.

Shares of British aerospace firm BAE Systems rose after it boosted its profit projection for the year.

Canadian aerospace firm Bombardier logged a slight decline in second-quarter profit, despite strong higher revenue from aftermarket service growth and soaring demand for its flagship Global 8000 jet.

Wildfires sweeping through pine forests west of Bordeaux have forced the closure of some of France's most strategically important defense and aerospace sites, disrupting operations at companies including Airbus, defense electronics group Thales and rocket-maker ArianeGroup.