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Why General Electric, TransDigm, and Boeing Stocks All Popped 5% (and More) Today

Apr 06, 2020 - Nasdaq

What happened Stocks saw a light at the end of the tunnel over the weekend -- and today, they're racing to catch it. As of 1 p.m. EDT, the S&P 500 , Dow , and Nasdaq stock indices are all up well over 5%. And some of the stocks notching the biggest gains are in the beleaguered aerospace and defense sector: General Electric (NYSE: GE) , TransDigm Group (NYSE: TDG) , and Boeing (NYSE: BA) -- up 6.1%, 7.8%, and 10.6%, respectively. Why? Image source: Boeing. So what First, the macroeconomi...