LONDON, Oct 24- Gold rose on Wednesday along with stock markets, helped by well received data from China and an upbeat earnings report from Boeing, while dealers awaited a Federal Reserve policy statement later in the day. Spot gold was up 0.1 percent at $1,709.60 an ounce at 1309 GMT, while U.S. gold futures for December delivery were up 60 cents an ounce at $1,710.
Boeing is cranking out planes faster, and it's paying off. Boeing has been speeding up production, aiming to get some of its newest planes out the door faster. Boeing's revenue from commercial planes jumped 28 percent to $12.19 billion in the most recent quarter.
NEW YORK, Oct 24- U.S. stocks opened higher on Wednesday as strong results from Boeing Co and positive data from China eased concerns about sluggish global growth. Boeing rose 2.1 percent to $74.51. The Nasdaq Composite Index was up 19.55 points, or 0.65 percent, at 3,010.01.
*Boeing climbs after earnings, outlook. NEW YORK, Oct 24- U.S. stock index futures advanced on Wednesday and pointed to a higher open, after data from China and Boeing provided temporary relief to a slumping market, and following declines Tuesday when the Dow suffered its biggest drop in four months.
CNBC's Phil LeBeau has the earnings results for Boeing, Delta, and US Airways.
*China data points to strengthening recovery. *Dow Chemical to cut jobs. NEW YORK, Oct 24- U.S. stock index futures edged higher on Wednesday, indicating indexes may bounce from declines a day earlier when the Dow suffered its biggest drop in four months, following data from China that eased concerns about sluggish global growth.
The aerospace company reported quarterly earnings that exceeded analysts' predictions and revenue that matched forecasts, prompting the company to raise its forecast for the full year.
*Boeing to meet airlines on large-jet needs. Jean-Marc Ayrault, who has just returned from Singapore and Philippines to help drum up business for French companies, told Airbus workers his trip had highlighted the importance of remaining competitive on world export markets.
To grow in the 21st century, Boeing knows it needs to do more than make airplanes. So the company has been aggressively diversifying. Take space, for example.
WASHINGTON _ Commerce Department releases new home sales for September, 10 a.m.. WASHINGTON _ Federal Reserve policymakers meet to set interest rates. BERLIN _ Germany's Ifo institute releases its monthly index of business confidence, a closely watched indicator for Europe's biggest economy.
CHICAGO-- Boeing Co. said Tuesday that it has begun building its 777 jet at the highest rate that it's ever made a big passenger jet, aiming to crank out more than eight planes per month. Boeing has long said it would ramp up the pace of 777 production.
A unionized job once meant a secure path to a middle-class life. President Barack Obama has signed a series of executive orders that encourage the use of union labor in federal construction projects, ease union financial reporting requirements and more.
Boeing fell$. 69 or. 9 percent, to $73.01. Lockheed Martin Corp. fell $1.16 or 1.3 percent, to $91.61. Northrop Grumman Corp. fell$. 82 or 1.2 percent, to $69.38.
A group of BAE Systems shareholders has demanded the resignation of chairman Dick Olver, saying sweeping changes are needed at the UK defense group following the collapse of the EADS merger two weeks ago. The FT reports.
“Earnings, earnings, earnings...we were focused on earnings coming into this week and last week, and right now it’s just letting us down,” one trader said.
Caterpillar Inc. reports quarterly financial results. Hasbro Inc. reports quarterly financial results. Peabody Energy Corp. reports quarterly financial results.
BEIJING-- The Chinese company suing President Barack Obama for blocking its planned wind farm projects in Oregon accused the U.S. leader and his government of discrimination Thursday and warned that the case would deter Chinese investment in the United States.
General Electric and Military Families at Syracuse University are developing a reference guide that employers can use to help them more effectively recruit and mentor veterans.
ANKARA, Turkey-- Passengers, some in a panic, were evacuated from a plane at Turkey's Antalya airport early Sunday after crew members reported smoke inside the cockpit, airline officials and state media said.
Oct 12- Standard& Poor's Ratings Services today corrected its rating on class A-2B from Merrill Lynch Mortgage Investors Trust's series 2005- HE3 by reinstating the' A' rating and placing the rating on CreditWatch developing. On Aug. 25, 2011, we incorrectly withdrew our rating on class A-2B due to an error.