After closing the previous trading day at $210.06, Boeing is up to $210.67, which makes for a move of 0.29%/61 cents today.
Boeing is currently trading at $210.67 following the release of ISM Non-Manufacturing PMI (Feb) data from the United States.
Boeing's uptick comes amid good United States macroeconomic data released during the day — highly important Initial Jobless Claims data from United States beat analyst expectations of 195,000 with a reading of 190,000.
At the same time, United States ISM Non-Manufacturing PMI (Feb) released today at 15:00 UTC with a figure of 55.1, while the previous figure was 55.2. United States ISM Non-Manufacturing Employment (Feb) released today at 15:00 UTC with a figure of 54, while the previous figure was 50.
This rally in Boeing's share price coincides with other industrials stocks as United Parcel Service added 0.5% to its value, now trading at $185.61. Deere & Company is up 0.69%.
While Boeing is higher so far today, these industrials stocks are struggling: Caterpillar is trading around $250.89 (down 0.51%).
Approximately 17 days ago, the aircraft and rotorcraft manufacturer reached a significant high of $218.45 but has struggled to hold onto its gains and declined 3.84% since then.