Skip to main content
Publish date:

Boeing Flies Dow to Another Record Close, S&P 500 and Nasdaq Miss Out

The Dow Jones Industrial Average marked a third straight record close, again with just small gains.

The Dow Jones Industrial Average marked a third straight record close, again with just small gains. The S&P 500 and Nasdaq weren't as lucky, holding in the red until close and snapping their own record-breaking streak.

Boeing Co. (BA) - Get Boeing Company Report ended at an all-time high as its shares rose for a second day in a row. The aerospace company got a lift after a pleasingly upbeat outlook a day earlier in which the company said it would increase production of its 787 Dreamliner to 14 a month by 2019.

A surge in crude oil drove energy stocks higher for their second straight day. West Texas Intermediate traded above $50 a barrel on Thursday for the first time in more than one month. 

TheStreet Recommends

Morgan Stanley is bullish on Whole Foods Market Inc. (WFM) after being bought out by Amazon.com Inc. (AMZN) - Get Amazon.com, Inc. Report . The firm forecasts that the supermarket chain can more than double its number of customers by 2020.

Watch More with TheStreet:

  • How to Make Your Portfolio Rise This Fall: September Trading Strategies
  • Jim Cramer Reveals What to Watch in Oracle's Earnings
  • 'Pharma Bro' Martin Shkreli Jailed Over Facebook Post about Hillary Clinton
  • Kiss King Gene Simmons Unleashes His Next Major Stock Market Prediction