By George Glover
Boeing stock was rising on Tuesday, with investors hopeful that the breakthrough in trade talks between the U.S. and China means that Beijing will lift its ban on the jet maker's deliveries.
Shares climbed 0.6% to $199.66 in premarket trading, having closed Monday up 1.9%. Futures tracking the benchmark S&P 500 were down 0.4%.
Boeing found itself caught up in the trade war between the world's two largest economies last month, as China prohibited imports and started sending planes back to Seattle.
But Beijing may already have done an about-turn, according to a report, after Monday's agreement that both countries would slash tariffs for the next 90 days. China has removed its ban on airlines taking deliveries of Boeing Jets, per Bloomberg, which cited people familiar with the matter.
Boeing didn't immediately respond to a request for comment from Barron's on Tuesday.
Write to George Glover at george.glover@dowjones.com
This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
May 13, 2025 05:48 ET (09:48 GMT)
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