Breaking: Dow Pulled Down by Boeing; S&P Dips
Investing.com – Wall Street was in the red in afternoon trading Friday, with the Dow the worst hit following more negative news on Boeing’s 737 Max jet problems.
The Dow fell 0.3%, or about 92 points, with Boeing (NYSE:BA), down 1.2%, accounting for nearly 28 points of the dip after United Airlines (NASDAQ:UAL) extended cancellation of 737 Max flights to Sept. 4.
A key certification flight for the jetliner may not happen until April, Reuters reported, citing sources.
The S&P 500 fell 0.1%, while the Nasdaq Composite lost 0.06%, despite a jump of more than 7% from chipmaker Nvidia (NASDAQ:NVDA) on solid results posted after the bell Thursday.
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