Heavy Transport Stocks: Q2 Winners & Losers

Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Saturdays

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Heavy machinery stocks surged after strong Q2 earnings, fueled by innovation in automation and electric mobility. Allison Transmission and Cummins led the pack, while Trinity struggled. Federal Signal shined with a 15% revenue jump, but Commercial Vehicle Group's gains weren't enough to avoid a stock dip. Interest rate cuts and easing inflation are adding to the sector's resilience despite looming policy uncertainties. Hosted on Acast. See acast.com/privacy for more information.