economy
March 25, 2026
Why Trump's meeting with Xi matters for Boeing, and Honeywell inks a deal with the Pentagon
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
TL;DR
- Stocks climbed Wednesday on optimism that tensions between the United States and Iran will ease.
- Oil prices and bond yields fell.
- President Donald Trump plans to meet Chinese President Xi Jinping in China in May, with expectations of a large Boeing jet order.
- Every sector except energy traded higher, led by materials, consumer discretionary, and industrials.
- Honeywell shares increased after announcing a supplier framework deal with the U.S. Department of Defense, involving a $500 million investment in defense technology production.
- Memory chip stocks dropped after Google announced a new compression technique that could reduce memory costs for large language models and vector search engines.
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