Reported 1 day ago
The stock market reaches new highs, with industrial stocks leading the performance rather than Big Tech. The industrials sector has risen 16% this year, fueled by growth in aerospace and AI-driven infrastructure projects. Notably, Boeing has seen a 28% increase in stock value, aided by foreign deals, while GE Aerospace's shares have surged over 60%. Experts predict continued momentum in the industrial sector due to recent fiscal incentives and a boom in power generation for data centers.
Source: YAHOO