U.S. Manufacturing Expands at Fastest Pace in Four Years; Palantir, Boeing Up
U.S. manufacturing activity grew at its quickest rate in more than four years in July, driven by strong demand and hiring. Palantir raised its full-year forecasts, and Boeing received FAA clearance for the 737 MAX 7.
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U.S. manufacturing activity expanded in July at the fastest pace in over four years. The expansion was supported by robust demand and firms adding workers.
Separately, Palantir Technologies raised its full-year forecasts, citing strong sales performance.
In aerospace, Boeing received FAA sign-off for the 737 MAX 7, a key regulatory step for the aircraft.
Source: First Squawk