--- title: "Crude Oil Down Over 5%; Boeing Shares Rise After Q2 Results" type: "News" locale: "en" url: "https://longbridge.com/en/news/294093524.md" description: "U.S. stocks rose mid-week, with the Dow up 1.25%, while Boeing shares gained 5% on Q2 results despite a wider-than-expected loss. Several biotech and tech stocks surged over 20% on strong earnings, whereas Sunpower and Enlivex plummeted. Oil fell 5.4% to $78.17. European markets were mixed, Asian indices mostly lower, and U.S. economic data showed rising house prices and a shrinking trade deficit." datetime: "2026-07-28T16:28:12.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/294093524.md) - [en](https://longbridge.com/en/news/294093524.md) - [zh-HK](https://longbridge.com/zh-HK/news/294093524.md) generator: "portal-rs" --- # Crude Oil Down Over 5%; Boeing Shares Rise After Q2 Results U.S. stocks traded mostly higher midway through trading, with the Dow Jones index gaining more than 1% on Tuesday. The Dow traded up 1.25% to 52,860.91 while the NASDAQ slipped 0.01% to 24,928.70. The S&P 500 also rose, gaining, 0.34% to 7,438.49. **Leading and Lagging Sectors** Consumer staples shares jumped by 3.6% on Tuesday. In trading on Tuesday, information technology stocks fell by 2.5%. **Top Headline** **The Boeing Co**. (NYSE:BA) stock gained around 5% in Tuesday’s session after the aerospace company reported second-quarter 2026 results. Boeing posted an adjusted loss of 76 cents per share, wider than the 30-cent loss estimate, while revenue rose 8% year over year to $24.56 billion, beating the $24.245 billion estimate. **Equities Trading UP** - **Kiniksa Pharmaceuticals Internatinl, PLC (NASDAQ:KNSA)** shares shot up 21% to $76.97 after the company reported better-than-expected second-quarter financial results and raised its FY26 sales guidance above estimates. - Shares of **OPKO Health Inc** (NASDAQ:OPK) got a boost, surging 30% to $1.62 after the company reported better-than-expected second-quarter sales results. - **Itron Inc (**NASDAQ:ITRI) shares were also up, gaining 23% to $104.51 after the company reported better-than-expected second-quarter adjusted EPS results and raised its FY26 adjusted EPS guidance above estimates. **Equities Trading DOWN** - **Sunpower Inc (**NASDAQ:SPWR) shares dropped 33% to $0.33 after the company reported preliminary second-quarter results. - Shares of **Enlivex Ltd (**NASDAQ:ENLV) were down 33% to $2.86 after announcing a $400,000,000 private placement. - **Amkor Technology Inc** (NASDAQ:AMKR) was down, falling 23% to $46.55 after the company reported second-quarter financial results and issued third-quarter sales guidance below estimates. **Commodities** In commodity news, oil traded down 5.4% to $78.17 while gold traded down 0.38 at $4,055.50. Silver traded down 1.7% to $57.705 on Tuesday, while copper fell 0.2% to $6.3672. **Euro zone** European shares were mixed today. The eurozone’s STOXX 600 rose 0.1%, while Spain’s IBEX 35 Index slipped 0.1% London’s FTSE 100 rose 0.6%, Germany’s DAX fell 0.1%, while France’s CAC 40 gained 0.3%. **Asia Pacific Markets** Asian markets closed mostly lower on Tuesday, with Japan’s Nikkei 225 dipping 3.95%, Hong Kong’s Hang Seng index surging 0.41%, China’s Shanghai Composite declining 1.16% and India’s BSE Sensex slipping 0.09%. **Economics** - The FHFA house price index rose 0.3% month-over-month in May, compared to a 0.1% decline in April. - The U.S. goods trade deficit shrank to $101.5 billion in June versus a 14-month high of $105.9 billion in the previous month. - U.S. wholesale inventories increased 0.3% month-over-month to $945.9 billion in June, in-line with the revised 0.3% gain in May and higher than market estimates of a 0.2% gain. - The S&P Cotality Case-Shiller Home Price Index increased 1.6% year-over-year in May, following a revised 1.2% gain in April. *Photo via Shutterstock* ### Related Stocks - [SPWR.US](https://longbridge.com/en/quote/SPWR.US.md) - [SPWRW.US](https://longbridge.com/en/quote/SPWRW.US.md) - [ENLV.US](https://longbridge.com/en/quote/ENLV.US.md) - [SPWRQ.US](https://longbridge.com/en/quote/SPWRQ.US.md) - [BA.US](https://longbridge.com/en/quote/BA.US.md) - [SCO.US](https://longbridge.com/en/quote/SCO.US.md) - [.DJI.US](https://longbridge.com/en/quote/.DJI.US.md) - [USO.US](https://longbridge.com/en/quote/USO.US.md) - [DIA.US](https://longbridge.com/en/quote/DIA.US.md) - [XLE.US](https://longbridge.com/en/quote/XLE.US.md) - [UCO.US](https://longbridge.com/en/quote/UCO.US.md) - [BOEG.US](https://longbridge.com/en/quote/BOEG.US.md) - [BNO.US](https://longbridge.com/en/quote/BNO.US.md) - [03175.HK](https://longbridge.com/en/quote/03175.HK.md) - [BOEU.US](https://longbridge.com/en/quote/BOEU.US.md) - [BOED.US](https://longbridge.com/en/quote/BOED.US.md) - [DDM.US](https://longbridge.com/en/quote/DDM.US.md) - [UDOW.US](https://longbridge.com/en/quote/UDOW.US.md) - [DOG.US](https://longbridge.com/en/quote/DOG.US.md) - [SDOW.US](https://longbridge.com/en/quote/SDOW.US.md) - [DXD.US](https://longbridge.com/en/quote/DXD.US.md) - [ERX.US](https://longbridge.com/en/quote/ERX.US.md) - [ERY.US](https://longbridge.com/en/quote/ERY.US.md) - [VDE.US](https://longbridge.com/en/quote/VDE.US.md) - [IXC.US](https://longbridge.com/en/quote/IXC.US.md) - [XOP.US](https://longbridge.com/en/quote/XOP.US.md) - [IEO.US](https://longbridge.com/en/quote/IEO.US.md) - [IEZ.US](https://longbridge.com/en/quote/IEZ.US.md) - [OIH.US](https://longbridge.com/en/quote/OIH.US.md) - [XES.US](https://longbridge.com/en/quote/XES.US.md) - [PXJ.US](https://longbridge.com/en/quote/PXJ.US.md) - [CRAK.US](https://longbridge.com/en/quote/CRAK.US.md) - [DUG.US](https://longbridge.com/en/quote/DUG.US.md) - [MLPA.US](https://longbridge.com/en/quote/MLPA.US.md) - [03097.HK](https://longbridge.com/en/quote/03097.HK.md) - [KNSA.US](https://longbridge.com/en/quote/KNSA.US.md) - [OPK.US](https://longbridge.com/en/quote/OPK.US.md) - [ITRI.US](https://longbridge.com/en/quote/ITRI.US.md) - [AMKR.US](https://longbridge.com/en/quote/AMKR.US.md) - [.IXIC.US](https://longbridge.com/en/quote/.IXIC.US.md) - [.SPX.US](https://longbridge.com/en/quote/.SPX.US.md) - [00HSI.HK](https://longbridge.com/en/quote/00HSI.HK.md) - [000001.CN](https://longbridge.com/en/quote/000001.CN.md) - [BOE.UK](https://longbridge.com/en/quote/BOE.UK.md) ## Related News & Research - [Oil product flows out of Hormuz strait at 35% of pre-war levels, says Goldman exec](https://longbridge.com/en/news/298293433.md) - [Amazon Cargo Jet Crash Puts Its Air Network in the Spotlight](https://longbridge.com/en/news/298214995.md) - [Mapping the Market: Mind the gap in US oil as Iran tensions escalate](https://longbridge.com/en/news/298712793.md) - [VEGOILS-Palm rebounds on firm Dalian soyoil, crude; set for second weekly gain](https://longbridge.com/en/news/298671108.md) - [Brent Tops $102 As Mideast Conflict Intensifies, HSBC Hikes Oil Forecast](https://longbridge.com/en/news/298584876.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**