Industrial shares declined on worries that interest rates could remain at their current high level at least until September and dampen economic growth.

The Industrial Select Sector SPDR Fund fell 0.2%.

Trading in Tritium DCFC was halted after the electric vehicle fast-charger provider said in a regulatory filing late Thursday that it had determined it was insolvent or likely to become insolvent, and that three joint administrators had been appointed under Australian law.

GE Aerospace fell 3.2%, its largest decrease since December 2022.


Write to Patrick Sullivan at patrick.sullivan@wsj.com

(END) Dow Jones Newswires

04-19-24 1759ET