Industrials Advance on Fed Implications of Jobs Data -- Industrials Roundup

Shares of industrial and transportation companies surged after weak jobs data spurred bets on a more dovish Federal Reserve policy.

Traders piled into rate-sensitive sectors after the Labor Department reported that U.S. employers added a scant 175,000 workers to payrolls in April, a far cry from the 240,000 forecast, on average, by economists.

Boeing's long-delayed Starliner spaceship is set for its first crewed mission leaving Earth on Monday, as the aerospace giant seeks to close the gap on private-sector space pioneer SpaceX.

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(END) Dow Jones Newswires

05-03-24 1705ET