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nVent is a leading global provider of electrical connection and protection solutions that touches a broad range of end markets including infrastructure, industrial, commercial, and residential. NVent designs, manufacturers, markets, installs, and services a portfolio of electrical enclosures and electrical fastening solutions. nVent currently has three reportable segments: Enclosures, Electrical & Fastening Solutions, and Thermal Management. Thermal Management is expected to be sold by early 2025. North America accounts for the majority of sales.

Copart Inc. is a provider of online vehicle auctions, specializing in the sale of used vehicles. The Copart auction platform enables members to find, bid on, and purchase used cars, as well as trucks, motorcycles, and boats. Copart sells more than 2 million vehicles per year and has more than 750,000 members. Buyers include vehicle rebuilders/dismantlers, repair licensees, used vehicle dealers, exporters, and individual consumers. Sellers are primarily insurance companies but also include banks, finance companies, charities, fleet operators, dealers, rental companies, and consumers. Most of the vehicles sold are either damaged or considered totaled; are considered too expensive to repair by insurance companies; or are recovered stolen vehicles for which an insurer has already paid the policyholder.

The Dow Jones Industrial Average and the S&P 500 are higher at midday on Friday, while the Nasdaq Composite is in the red after flipping above and below flat line just after the open. The tech-heavy index remains under pressure from Nvidia's less-than-desired earnings report and worries the Alphabet may be forced to sell its Chrome browser and divest its Android mobile operating system. On the economic front, a reading on consumer sentiment in the U.S. inched higher to 71.8, as per the University of Michigan. That result is the highest since April, but was below the consensus expectation of 73.

Founded in 1912, Illinois Tool Works is a global manufacturer of engineered industrial products and equipment. The company's operations are divided into seven segments: Test & Measurement and Electronics, Automotive OEM, Polymers & Fluids, Food Equipment, Welding, Construction Products, and Specialty Products. The shares are a component of the S&P 500. Based in Glenview, IL, the company has 45,000 employees.