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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.
President Donald Trump and Chinese President Xi Jinping met on Thursday and discussed topics ranging from market access for U.S. businesses in China to the Strait of Hormuz.
During a state banquet in Beijing, Xi adopted a notably warm tone while speaking about US-China relations.
US media reports had described a possible China order of around 500 single-aisle Boeing 737 MAX planes, in addition to 100 larger models, such as the 787 Dreamliner and 777.
