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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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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Long Blockchain Stock Price Fizzles as Ex-Beverage Maker Faces Nasdaq Delisting

Long Blockchain’s stock price is in free fall following the announcement that its shares are set to be delisted from the Nasdaq Stock Market. Shares for the ex-beverage producer (LBCC) — formerly known as Long Island Iced Tea — closed at $1.10 on Wednesday, representing a single-day decline of 37 percent and an 88 percent The post Long Blockchain Stock Price Fizzles as Ex-Beverage Maker Faces Nasdaq Delisting appeared first on CCN

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Bitcoin Price Stabilizes at $14,200 After Dipping Below $13,500 Amidst Correction

The post Bitcoin Price Stabilizes at $14,200 After Dipping Below $13,500 Amidst Correction appeared first on CCN The bitcoin price has stabilized at $14,500 after dipping below $13,500 yesterday. Analysts have attributed the recent dip in the price of bitcoin to now-refuted rumors that the South Korean government was planning to ban bitcoin exchanges. Bitcoin Demonstrating Signs of Recovery On December 28, CCN reported that unconfirmed rumors around a potential cryptocurrency exchange The post Bitcoin Price Stabilizes at $14,200 After Dipping Below $13,500 Amidst Correction appeared first on CCN

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