Capital goods stocks plummeted on Monday after the government's FY26 budget fell short of expectations for capex. Siemens led the decline, dropping 9%.
WASHINGTON, Jan 28 (Reuters) - New orders for key U.S.-manufactured capital goods increased more than expected in December, but business spending on equipment was likely muted in the fourth ...
WASHINGTON (Reuters) - New orders for key U.S.-manufactured capital goods increased more than expected in December, but business spending on equipment was likely muted in the fourth quarter after ...