Boeing appreciates 1.37% with $204.8 as the high of the day

Published: May 26 2023, 23:16 GMT+0

Boeing appreciates 1.37% with $204.8 as the high of the day

A quick look at today: Boeing rallied 1.37% and ended the session at $203.63.

On the flip side, United States Core Durable Goods Orders fell short of the 0% projections, with new data of -0.2%. United States Pending Home Sales fell short of the 0.5% projections, with new data of 0%.

Meanwhile, United States Core PCE Price Index (MoM) (Apr) came out at 0.4, while a consensus of analysts was expecting 0.3.

This rally in Boeing's share price coincided with other industrials stocks as Lockheed Martin added 1.27% to its value, and traded at $448.45. General Electric traded at $102.74 after closing today's trading day at $101.52 (up 1.2%). Honeywell International traded at $193.75 after closing today's trading day at $192.27 (up 0.77%).

Trading mostly sideways for a month. Boeing hit a significant low of $115.86 around 11 months ago, but has since recovered 73.37%.

Back