Shares of industrial and transportation companies rallied as traders sought out cyclical sectors.
The University of Michigan's consumer-sentiment survey logged the biggest two-month gain in 33 years.
German chemicals processor BASF said its 2023 results missed expectations, as cost cuts could not salvage profit margins.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
01-19-24 1727ET