Previous close | 15.56 |
Open | 16.00 |
Bid | 15.10 |
Ask | 16.80 |
Strike | 240.00 |
Expiry date | 2026-12-18 |
Day's range | 16.00 - 16.00 |
Contract range | N/A |
Volume | |
Open interest | 689 |
Boeing (BA) factory workers are voting on whether they will accept the latest labor agreement proposed by the aircraft manufacturer to union leadership, A strike still looms as Boeing's current contract expires at midnight. September's consumer sentiment reading will be released tomorrow along with August's import price index print. Lastly, S&P 500 (^GSPC) hopes to extend its winning streak and close out a week of gains on Friday, September 13. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Luke Carberry Mogan.
After August's Consumer Price Index (CPI) largely came in line with economist expectations, producer prices came in a touch hotter than expected. The Producer Price Index (PPI) saw prices increase 0.2% month-over-month and 1.7% year-over-year. Initial jobless claims also came out above estimates for the prior week: 230,000 versus the 227,000 expected. Nvidia (NVDA) CEO Jensen Huang's comments on the company's chip demand seemingly gave the tech sector (XLK) a burst of energy in Wednesday's session. Boeing's (BA) contract with factory workers is set to expire today. The aircraft manufacturer reached a tentative agreement with union leadership earlier this week with the 33,000 union members to vote on the deal on Thursday. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
WASHINGTON (Reuters) -The head of the Federal Aviation Administration will testify on Sept. 25 before the Senate Permanent Subcommittee on Investigations on the planemaker's oversight of Boeing, a committee aide told Reuters. The committee, led by Senator Richard Blumenthal, in June sharply questioned then Boeing CEO Dave Calhoun on the planemaker's safety record. The hearing later this month, titled "FAA Oversight of Boeing's Broken Safety Culture", comes as FAA Administrator Michael Whitaker has ramped up scrutiny of the planemaker since a Jan. 5 mid-air emergency in a new Alaska Airlines Boeing 737 MAX 9 and acknowledged it should have done more before the incident.