Shares of industrial and transportation companies rose after a mixed round of earnings and a hold from the Federal Reserve.
Airbus logged lower earnings in the third quarter as it works to significantly boost plane deliveries to customers in the last few months of the year.
Business investment represents a historically high proportion of overall economic growth and there are signs that capital expenditure is broadening from data centers, Federal Reserve Chairman Kevin Warsh said in a press conference after the October policy statement.
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