---
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)
---

# 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

- [W.Africa Crude - Crude differentials hold steady](https://longbridge.com/en/news/294094588.md)
- [W.Africa Crude - Differentials steady amid volatile flat price](https://longbridge.com/en/news/293957464.md)
- [Trump Is Playing Chicken With the Country That Fuels Half of America — During a Global Energy Crisis](https://longbridge.com/en/news/293912348.md)
- [Sugar Prices Fall as Crude Oil Plunges](https://longbridge.com/en/news/294093253.md)
- [GRAPHIC-Take Five: A crude summer](https://longbridge.com/en/news/293896829.md)