Boeing stock surged in pre-market trading Thursday, reaching $208.11—up 1.66%—as momentum builds from a historic aircraft order with Qatar and the lifting of a delivery ban by China. The aerospace giant’s shares closed Wednesday at $204.72, marking a new 52-week high.

The agreement comes as Qatar offered to donate a $400 million 747-8 jumbo jet for President Donald Trump to use as a temporary Air Force One.

Walmart , the world's largest retailer, will have to start raising prices later this month due to the high cost of tariffs, executives said on Thursday, in a clear signal that U.S. President Donald Trump's trade war is filtering through to the American economy.