Industrial and transportation shares rise on strong earnings

9 articles · Updated · MarketWatch · May 8

Rocket Labs shares rallied after the launch-services provider posted earnings above Wall Street estimates, while Toyota Motor fell after warning the Middle East conflict would hurt this fiscal year's bottom line.
The gains extended a broader move in industrials as companies continued to report solid results, supporting investor sentiment in the sector.
Toyota's warning showed geopolitical tensions still pose risks for manufacturers even as stronger corporate earnings lift much of the industrial and transportation space.

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