Shares of industrial and transportation companies rose slightly ahead of jobs data.
The number of Americans who applied for unemployment benefits last week barely rose to 208,000, boding well for the April report on Friday.
BYD, the world's largest electric-vehicle maker, posted its lowest quarterly revenue growth in four years in the first quarter, as it engaged in a price war with rival Tesla. Tool maker Stanley Black & Decker shares slipped after its earnings report.
Shares of Xpel plunged after the maker of coatings and films for wind-shield tint and other purposes cut its 2024 revenue-growth projection, citing, in part, weakening U.S. demand.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
05-02-24 1711ET
