Boeing shares surged on Wall Street, leading the Dow Jones Industrial Average higher, after the US Federal Aviation Administration granted final certification for the 737 Max 7 variant.
The regulatory approval marks a critical milestone for the aerospace manufacturer, clearing the path for the aircraft to enter commercial service and addressing a long-standing bottleneck in the company’s production pipeline.
The stock’s sharp rally provided a crucial anchor for US equity markets, which staged a broad recovery on Thursday.
While significant selling pressure persisted in the technology hardware sector, gains in large-cap industrials and other blue-chip names helped major indices post clear advances.
Boeing’s outperformance highlighted a rotation toward companies with near-term catalysts, as investors sought relief from the broader tech-driven volatility.
The FAA’s decision resolves a key uncertainty that has weighed on Boeing’s valuation and operational planning for months.