Surging Boeing Shares Lift Aerospace, Industrial ETFs
June 03, 2020 at 14:43 PM EDT
Boeing (NYSE: BA) shares surged Wednesday, lifting aerospace and industrials sector-related exchange traded funds, on increased demand for the MAX airliner and word that a prominent hedge funder is backing the company play. Boeing shares jumped 11.3% on Wednesday. Meanwhile, the iShares U.S....