Shares of industrial and transportation companies rose as traders rotated out of mega-cap tech companies into cyclical sectors.
RTX's Raytheon unit committed to surging its missile output after months of pressure from Pentagon officials.
Old Dominion Freight Line rose after the less-than truckload shipper raised its dividend despite posting lower volumes in the latest quarter.
Ford Motor ticked up even after the auto maker said a slump in electric-vehicle sales weighed on January sales. Ford executives have discussed a joint venture with Chinese auto maker Geely that could include self-driving car technology, Reuters reported.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
02-04-26 1716ET
