Boeing's stock would add nearly 50 points to the Dow after announcement of converted freighter orders

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Shares of Boeing Co. BA, +0.72% rallied 3.3% to gait the Dow Jones Industrial Average's DJIA, +0.50% premarket gainers connected Monday, aft the aerospace elephantine reported a fig of orders for its planes from the 2021 Dubai Airshow. The institution said it signed a steadfast bid with Icelease for 11 of its 737-800 Boeing Converted Freighters (BCF), arsenic the motorboat lawsuit for 1 of the 3 added conversions lines for the freighters. The institution besides said logistics institution DHL Express has placed a steadfast bid for 9 much 767-300BCF and Emirates announced an bid for 2 777 Freighters. Boeing's implied terms summation up of the unfastened would adhd astir 48 points to the Dow Jones Industrial Average's DJIA, +0.50% price, portion Dow futures YM00, +0.41% roseate 109 points, oregon 0.3%.

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