Hopes that Beijing will act this week to stimulate China's economy and an improvement in a measure of Chinese manufacturing sentiment helped lift a variety of industrial stocks in the U.S. on Wednesday.
Shares of construction equipment maker
, for example, were surging 12.5% to $25.28, outpacing a broader rally that saw the Dow rise 2.2%.
shares were up 5.5% to $6.50, and
was up 7.3% to $25.18.
, meanwhile, was rising 11.4% to $6.16, miner
was up 13.9% to $32.25, and mining equipment maker
was up 10.6% to $17.53
, which mines and processes mineral resources, also got a hearty boost Wednesday. Its shares were recently up 11.2% to $103.08. In a similar vein,
was climbing 8% to $37.85.
U.S. Steel was up 6.4% to $18.31.
Nucor was up 6.8% to $34.31.
Commercial Metals was up 7.9% to $10.25.