Industrial Shares Edge Higher on Mixed Results and Deals

Daimler Truck reaffirmed its full-year targets after North American truck orders rose 12%. The increase helped push the company’s global order intake up 10%, according to the report.

Firefly Aerospace signed a $1.3 billion agreement to supply rocket engines and license propulsion technology to AST SpaceMobile. Caterpillar, which makes construction and mining machinery and has become a major generator supplier to data centers, also rebounded slightly.