Boeing ( BA ) shares rallied over 2% on Monday after Bank of America issued a bullish upgrade, raising the aerospace giant to a Buy. The bank also hiked its price target to $260—now the most optimistic forecast on Wall Street.The move reflects growing confidence that Boeing’s long-awaited turnaround is not just underway, but accelerating. The new price target represents a significant jump from BofA’s prior forecast of $185 and implies a potential free cash flow of $9 per share—a strong signal of expected financial health. In a note that underscored the shift in sentiment, BofA analysts wrote: “We once compared Boeing’s performance to a Greek tragedy. But the narrative has changed.” At the heart of that transformation is CEO Kelly Ortberg, who took the reins last August and has since orchestrated a sweeping stabilization campaign—ranging from labor negotiations and safety upgrades to renewed discipline in forecasting and production. Production Recovery, Trade Tailwinds, and a Revived De...

Markets mixed as tariff threats, tech crackdowns, and geopolitical uncertainty weigh on investor sentiment. Markets Open Lower, Then Rebound Stocks opened the week on shaky ground Monday as renewed U.S.-China trade friction jolted markets early. The Dow Jones Industrial Average slipped by around 150 points, while the broader S&P 500 wobbled near the flatline. But by the final hour of trading, the S&P 500 ETF (SPY) had clawed back losses and was up 0.4%, with the tech-heavy Nasdaq notching a modest 0.3% gain. The tepid start to June followed a blockbuster May, where the S&P 500 climbed more than 6% — its strongest May in 34 years — largely driven by mega-cap tech stocks. But Monday’s gains were more cautious as investors grappled with a renewed trade spat between Washington and Beijing. Trump’s Tariff Threats Reignite Old Tensions At the center of the volatility: a fresh escalation in rhetoric between the world’s two largest economies. President Trump accused China of violat...

While trade tensions continue to buffet U.S. markets, Europe’s stock exchanges have taken the global lead, with eight of the world’s 10 top-performing bourses now located on the continent.  Germany’s DAX, in particular, has soared more than 30% in dollar terms so far this year. Investors point to Europe’s robust fiscal plans, stable inflation, and relative political calm as catalysts driving the rally. The broader Stoxx 600 index has outpaced the S&P 500 by a record 18 percentage points in dollar terms—a remarkable reversal for a region long seen as economically sluggish. Peripheral markets such as Hungary, Slovenia, and Greece are joining core economies in delivering outsized returns. Behind the surge: Berlin’s once-frugal government has proposed hundreds of billions of euros in spending for infrastructure and defense, a move that is expected to ignite growth across the eurozone by late 2026. Meanwhile, corporate earnings across MSCI Europe rose over 5% in the first quarter—de...