Dow Struggles to Shrug off Boeing Scrutiny as S&P 500 Creeps Toward Record Highs

The Dow lagged behind the broader U.S. stock market on Monday, as the Department of Transportation zeroed in on Boeing’s flight safety system in the wake of two deadly airline crashes that have sent the company’s share price into a tailspin. Dow Lags as S&P 500 Jumps Further Past 2,800 The Dow Jones Industrial Average traded flat Monday, reversing an earlier loss. The index’s movement reflects a tepid pre-market session for Dow futures, which staggered into Monday’s open. At last check, the Dow was up 13 points, or 0.1%, at…

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Breaking: Boeing Stock Plummets after President Trump Halts 737 MAX 8 Flights

Boeing stock is in free-fall on Wednesday afternoon after US President Donald Trump announced that he had instructed the Federal Aviation Administration to halt all Boeing 737 MAX 8 and 9 flights following the Sunday crash of Ethiopian Airlines flight 302. Trump Halts Boeing MAX 737 8 Flights “All of those planes are grounded, effective immediately,” Trump said at the White House, adding that the FAA would provide more details in the coming hours. pic.twitter.com/2qWkPuFDL6 — Donald J. Trump (@realDonaldTrump) March 13, 2019 According to Trump, the FAA became aware…

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Dow Surges after Brutal Open but Boeing Bleeds in Wake of 737 MAX Crash

Surging tech shares pulled the Dow and broader U.S. stock market out of a big hole on Monday, but a crisis-hit Boeing Co (BA) continues to struggle in the aftermath of a second deadly airline crash in five months. Dow Recovers – for Now Wall Street’s major bourses opened sharply lower on Monday, reflecting a brutal pre-market session for Dow futures. After plunging 242 points, the Dow Jones Industrial Average is now up 108 points, or 0.4%, at 25,558.96. Twenty-nine of 30 index members reported gains, with Apple Inc. (AAPL)…

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