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Closing Glance: Construction, engineering stocks end higher

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May 8, 2008

NEW YORK—Shares of construction and engineering companies finished lower Thursday as the broader markets climbed thanks to better-than-expected April retail sales and fewer last-week unemployment benefit applications.

Meanwhile, the sector also got a boost after Perini Corp. posted a better-than-expected first-quarter profit late Wednesday.

Here's how some shares of construction and engineering companies closed the session:

Perini, up $3, or 7.7 percent, to $41.91.

Fluor Corp., up $6.57, or 4 percent, to $166.81.

Jacobs Engineering Group Inc., up 49 cents to $88.07.

KBR Inc., up 23 cents to $32.71.

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