Shares of industrial and transportation companies rose as traders positioned themselves for a "soft landing."
Most Wall Street brokerages predict that the U.S. will either avert a recession or endure a relatively shallow contraction in 2023.
Defense contractor Lockheed Martin filed a protest against the Army's decision to award Textron the contract to build a new fleet of helicopters that analysts estimate could be worth up to $80 billion.
Write to Rob Curran at rob.curran@dowjones.com
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December 30, 2022 at 05:18AM
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Industrials Up on Soft-Landing Bets -- Industrials Roundup - MarketWatch
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