Boeing's Recovery Boosts Stock, Market Mixed
Update: 2025-12-02
Description
Boeings stock surged by eight percent following CFO Jay Malaves announcement of increased seven-three-seven and seven-eight-seven plane deliveries in 2026, signaling a robust recovery for the planemaker. The company also secured a $4.7 billion contract for Apache helicopters, projecting positive free cash flow by 2026. Meanwhile, the broader market experienced a volatile day, with major indices initially rising but later falling due to a strong jobs report, reducing interest rate cut expectations and causing macroeconomic anxiety. Investors appeared to favor stable companies like Walmart, which gained six percent after strong earnings, as tech valuations became more uncertain in a higher interest rate environment.
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