Industrials Down, Giving Back Some Fed Gains - Industrials Roundup

Dow Jones12-13

Shares of industrial and transportation companies fell, giving back some of their Federal Reserve-related gains.

Fears that the catalyst for recent growth in U.S. industrial activity -- data-center development -- was stalling weighed on the sector early in the session.

Bloomberg News reported that software giant Oracle was pushing back dates of delivery for some OpenAI data centers to 2028 from 2027, weighing on Oracle shares. Later in the session, the company said there were "no delays to any sites" required for its contractual commitments.

A law professor is suing Boeing, alleging that exposure to a toxic fume event on a 737 operated by Delta Air Lines led to his lasting brain and respiratory injuries.

GE Aerospace shares rose after analysts at brokerage Citi said the jet-engine maker could reach a $1 trillion market capitalization.

Ryder System's long-time leader, Robert Sanchez, is retiring early next year as chief executive of the logistics and transportation company, to be replaced by President and Chief Operating Officer John Diez on March 31.

Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

December 12, 2025 17:27 ET (22:27 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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