Fri, May 9, 2025
Thu, May 8, 2025

Stocks climb on trade optimism. Here's why Boeing and Goldman are having especially strong days

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Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
On May 8, 2025, stocks rose due to optimism surrounding trade negotiations, with the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all posting gains. Boeing and Goldman Sachs were standout performers, with Boeing's stock surging after the company announced a significant order from a major airline, and Goldman Sachs benefiting from a strong quarterly earnings report. Additionally, positive developments in U.S.-China trade talks contributed to the bullish market sentiment, as both countries expressed willingness to reach a comprehensive agreement. The broader market was also supported by encouraging economic data, including a better-than-expected jobs report and rising consumer confidence.

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