Shares of industrial and transportation companies rose amid optimism about interest rates.
Federal Reserve Chairman Kevin Warsh will address the Jackson Hole central bankers' conference next week.
Federal auto-safety regulators are opening an investigation into nearly one million General Motors pickup trucks and sport-utility vehicles after receiving hundreds of reports of engine failures.
Private military contractor and President Trump ally Erik Prince is preparing to launch a startup, Vectus Air Defense Systems, that he said would help protect critical infrastructure such as data centers, energy installations and military bases from drone attacks.
Hyundai Motor's unionized workers staged a full-day strike for the first time in a decade, bringing production to a complete halt as they pressed demands for better wages and job protections.
