The Morningstar Global Industrials Index rose 11% over a trailing three-month period, in line with the broader global equity market. However, the index lagged the market’s 1% increase after sliding 2% over the past 12 months on transpacific trade tensions and concerns about a looming economic slowdown.
Global industrial stocks have outperformed the market recently - source: Morningstar Analysts
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Keith Schoonmaker does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.