Boeing stock gains in the week as crash report fuels Wall Street optimism

Boeing Co. stock extended gains to a second week as the release of a preliminary report on the Ethiopia Air fatal crash seemed to fuel optimism on Wall Street.

Boeing BA, -0.99% shares ended the week 2.8% higher, on top of a 5.3% gain in the prior week. On Friday, the stock fell 1%.

The two-week gain of more than 8% is the shares’ best since early February, and comes after three straight weeks in the red. The stock has inched back toward $400; it had ended at $422.54 on March 8, the last trading day before the accident with the 737 Max jet, which killed all 157 people aboard.

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