Honeywell shares are falling Wednesday as industrials sell off. Oil surged after new U.S. strikes in Strait of Hormuz raise supply concerns.

Honeywell shares are falling Wednesday as industrials sell off. Oil surged after new U.S. strikes in Strait of Hormuz raise supply concerns.

Honeywell shares rose after Investor Day highlighted 2029 growth targets, margin expansion and its planned Aerospace spin-off.