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Shares of industrial and transportation companies rose slightly as traders awaited developments in the Iran war.
BofA Securities downgraded Lyondell and Dow shares due to skepticism about sustained price gains.
KEY POINTS
- Analysts believe Iran war-driven price increases for polyethylene may not provide lasting growth.
- Lyondell and Dow shares declined after recent gains following the analyst downgrade.
- Industrial and transportation company shares rose slightly as traders monitored Iran war developments.
COMPANIES
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