Boeing, Stocks
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Despite its current price of approximately $205, which may seem like a reasonable valuation, we do not consider Boeing stock to be a compelling investment at this moment.
U.S. stocks are drifting lower as momentum wanes from a big rally that had brought them to the brink of their record.
Wholesale data showed milder inflationary pressures while Trump renewed his threat to impose "take it or leave it" tariffs on trading partners.
Paris Airshow observers might be wondering where the new, exciting jetliners are. There’s been a drought of announcements.
In pre-market trade today, June 13, Boeing share price was 1.5% lower at $200.54, signalling another weak session for the Boeing stock.
Trump’s tariffs and the latest trade deal with China continue to affect global markets. Follow along for live updates on the Dow, S&P 500 and Nasdaq.
The selloff followed yesterday’s crash of Air India Flight 171, a Boeing 787-8 Dreamliner, that departed from Ahmedabad en route to London. The aircraft was carrying 242 people, including 12 crew members. The tragedy has once again put Boeing’s safety record in the spotlight, intensifying pressure on the aircraft manufacturer.
Yahoo Finance host Brad Smith tracks today's top moving stocks and biggest market stories in this Market Minute, including Boeing's (BA) May orders, Tesla (TSLA) stock gains after being added to Austin's autonomous vehicle operator list ahead of its robotaxi beta launch this week,