US Stock Market Move | Boeing Company (BA.US) rose 2%. Goldman Sachs Group, Inc. said that the impact of the temporary suspension of deliveries in China is limited.

On Thursday, Boeing Company (BA.US) rose 2% to $159.76. In terms of news, analyst Noah Poponak of Goldman Sachs Group, Inc. stated that Chinese airlines have been instructed to suspend further deliveries of Boeing Company planes due to continued trade tensions between the US and China. It is expected that the impact on Boeing Company will be minimal, as China has essentially stopped receiving deliveries and placing orders since the Trump administration. Boeing Company had previously stated that they can maintain their delivery plans for many years without Chinese orders, thanks to substantial demand from other regions.