Shares of industrial and transportation companies fell after a cautious growth outlook from one major machinery maker.
Deere & Co. shares plunged after the farming-and-industrial machinery maker cut its projection for demand from the overseas agriculture, turf, forestry and road-building markets.
Hyundai Motor Group plans to build a $5.5 billion manufacturing complex in Georgia dedicated to making electric vehicles, the latest in a wave of new auto-factory investment flowing to the U.S. South.
German automaker Porsche is developing new privacy settings for its luxury cars as part of a new strategy to expand customers' trust.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
05-20-22 1628ET