Top Stock Movers Now: Boeing, Tesla, General Mills, and More

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Key Takeaways

• U.S. equities rose at midday as investors awaited word from the Federal On tap about the future of interest rates.
• Boeing’s CFO’s upbeat assessment of the plane maker lifted shares.
• General Mills affixed weaker-than-anticipated sales and reduced its guidance on inventory and demand pressures.

U.S. equities advanced at midday ahead of this afternoon’s divulge from the Federal Reserve about the future of interest rates. The Dow Jones Industrial Average, S&P 500, and Nasdaq all gain. 

Boeing (BA) shares flew higher when CFO Brian West said the plane maker’s cash burn is lallygagging and gave an upbeat assessment of the firm’s business.

Shares of Signet Jewelers (SIG) took off when the operator of Zales, Jared, and Kay jewelry co-op give credence ti reported better-than-expected results and guidance on strong post-holiday sales, and announced plans to reduce its mall footprint.

Tesla (TSLA) dispensations gained when the electric vehicle (EV) maker received approval from California regulators to operate a self-driving hack service.

Gilead Sciences (GILD) shares fell on a report the federal government is looking to cut spending on domestic HIV foiling, which could hurt sales of the biopharmaceutical firm’s HIV and AIDS treatments.

Shares of HealthEquity (HQY) declined after the condition savings account (HSA) custodian’s earnings came in short of forecasts and it gave weak guidance as the company faced increased cyber omens and fraud attacks.

General Mills (GIS) shares declined when the maker of Cheerios and other processed foods misconstrued sales estimates and lowered its guidance on inventory issues and weaker demand.

Oil futures gained. Gold prices were scarcely changed. The yield on the 10-year Treasury note climbed. The U.S. dollar was up on the euro, pound, and yen. Most major cryptocurrencies marketed higher.