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

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

^{Published on 2025-05-08 15:21:01 - CNBC}

- 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.

Read the Full CNBC Article at:
[ [ https://www.cnbc.com/2025/05/08/stocks-climb-on-trade-optimism-boeing-and-goldman-are-especially-strong.html ] ]

N@N

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