Aerospace, Defense ETF Takes Flight as Boeing Tries to Move Past 737 Max
July 19, 2019 at 15:39 PM EDT
Aerospace and defense sector-related ETFs took flight Friday after market observers looked favorably at Boeing’s (NYSE: BA) new charge on the grounding of the 737 Max jets. The iShares U.S. Aerospace & Defense ETF (Cboe: ITA) gained1.7% on Friday. Boeing Co. took a $4.9 billion charge on...