Shares of industrial and transportation companies rose after bullish growth forecasts from one troubled aerospace giant.
Boeing shares rallied after new Chief Financial Officer Jay Malave forecast a return to positive free cash flow in 2025, adding that, long-term, $10 billion in annual free cash flow was "very doable."
Ford Motor's electric vehicle sales continued to sink in November, as the company weighs scrapping the electric version of its F-150 truck following the expiration of a federal tax credit for electric vehicles.
Beta Technologies shares rallied after analysts at brokerage Morgan Stanley touted the fuel efficiency of the electric plane maker's vehicles.
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