While you were sleeping: Boeing rallies, Treasuries slide

Wed, 31 Jan 2018

By Margreet Dietz Feb. 1 (BusinessDesk) - Wall Street climbed, bolstered by a rally in Boeing shares following better-than-expected results, while US Treasuries slid amid concern about additional supply and interest rate increases. Boeing shares led the Dow Jones Industrial Average higher after the plane maker offered an upbeat full-year outlook that exceeded analysts’ forecasts. “Actual results could ultimately be higher,” Seth Seifman, an analyst at JPMorgan, said in a note to clients, Reuters reported. “As a result, we expect the s...

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