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Boeing shares surged in premarket trading Monday after the airplane maker announced a tentative deal with two of its biggest labor union partners, including raises and other benefits for more than 33,000 workers across facilities in Washington, Oregon, and California.

Boeing shares surged in premarket trading Monday after the airplane maker announced a tentative deal with two of its biggest labor union partners, including raises and other benefits for more than 33,000 workers across facilities in Washington, Oregon, and California.

Futures Advance Pre-Bell as Investors Await Inflation Data; Asia Down, Europe Strong

News of the day for September 9, 2024

This type of growth is hard to come by in today's market.

Palantir, which went public in 2020, will be added to the S&P 500 later this month.

Rising fuel inventories, lower refining margins and the spreads between the price now and the price in the future all echo previous recessionary periods or other moments of weak demand, Morgan Stanley said. The bank explored the possibility of oil prices acting as recessionary indicator but concluded that it was too early and acknowledged that the market was pricing in a substantial deterioration in the balance of supply and demand. Seasonal demand strength usually subsides after summer, and supply from both OPEC and non-OPEC sources is likely to re-accelerate in the fourth quarter and 2025, leading to a shift in the supply and demand balance, the bank said.