Shares of manufacturing and transportation companies rose as earnings optimism pushed aside fears about trade and Syrian wars. The industrial sector of the S&P 500 is expected to report earnings growth of 14% for the first quarter, according to a review of Wall Street estimates by data-analysis concern Thomson Reuters I/B/E/S. Shares of General Electric, which posts earnings later this week, rose after a Bloomberg News report that the industrial conglomerate is on the cusp of a sale of its Austrian Jenbacher engine-making unit.

-Rob Curran, rob.curran@dowjones.com

(END) Dow Jones Newswires

April 17, 2018 16:41 ET (20:41 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.
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