Stock Market News – Boeing outperforming but escalation of trade tensions can cloud the company’s outlook
Posted on March 8, 2018 at 4:28 pm GMTBoeing is outperforming major US benchmarks so far in 2018, being up by an impressive 17.7% year-to-date. However, the company’s outlook might get grimmer given than a significant proportion of its clients come from outside the US, with the firm being at risk of facing sanctions should trade tensions get out of control, leading to a trade war. The multinational corporation reported robust Q4 2017 results in late January that beat analysts’ projections and contributed to its strong year-to-date performance. [..]