While the broader sector saw an uptick, underlying economic data remains muted. Industrial production data for August showed virtually no growth compared to the previous month, signaling a period of stagnation for the manufacturing base. Market participants are now weighing these lukewarm output figures against potential shifts in trade policy.

Meanwhile, Boeing is working to stabilize its reputation in the aerospace sector. The company is currently negotiating with NASA to secure a slate of new missions for its Starliner spacecraft. This marks a significant pivot for the vehicle, which faced intense scrutiny and safety concerns during its 2024 flight to the International Space Station.