Shares of industrial and transportation companies fell amid concerns about interest-rate prospects.

Strong private-sector jobs data stirred fears that the Federal Reserve would have to become even more aggressive in its rate policy to contain inflation.

Farm-equipment maker Deere plans to launch a new fertilizer technology and an electric excavator, in an effort to capitalize on sustainability trends.


Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

01-05-23 1703ET