Boeing shares gain $5 billion in a single day

Boeing shares jumped 3.3% on Thursday, reaching their highest daily close in 10 months, adding nearly $5 billion to the company’s market value in a single day.

These gains came after US Commerce Secretary Howard Lutnick announced that the UK would purchase $10 billion worth of Boeing aircraft.

Lutnick explained that the deal would be completed through British private sector companies, and that he would leave the details of the deal to Boeing.