Shares of industrial and transportation companies slipped after surprisingly strong factory-gate inflation data.
Prices charged by producers rose by 1.4% in April from the month before, blowing past March's 0.7% increase, according to the Labor Department's producer-price index.
Japanese auto maker Nissan Motor forecast a return to net profit this fiscal year after reporting its seventh straight quarterly net loss.
Siemens launched a new $7.04 billion share buyback program over a period of up to five years, as the German manufacturer posted higher fiscal second-quarter revenue in its industrial businesses.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
05-13-26 1752ET
