Boeing shares slide as Donald Trump’s China summit deals disappoint

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street.

In an interview with Fox News, Trump hailed what he termed as successes from the first day of meetings with Xi Jinping, China’s top leader.

However, as of midday Friday, the Chinese side had not made any announcements regarding whether it has agreed to purchase aircraft from Boeing.

During a state banquet in Beijing, Xi adopted a notably warm tone while speaking about US-China relations.