Tuesday, March 12, 2019

Dow Suffers as Boeing Crisis, Consumer Inflation Pressure Stock Market

The Dow lagged behind its stock market peers on Tuesday as Boeing shares continued to plunge in the wake of another deadly airline crash involving a 737 MAX 8 jetliner. Meanwhile, a weaker than expected reading of the February consumer price index (CPI) suggests the Federal Reserve has plenty of scope to keep interest rates on hold for longer. Boeing-Heavy Dow Lags S&P 500 & Nasdaq Unlike its major peers on Wall Street, the Dow Jones Industrial Average declined on Tuesday, reflecting tepid pre-market conditions for Dow futures. The 30-stock index fell 102.69 points, or 0.4%, to 25,548.19. The broad

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source https://www.ccn.com/dow-suffers-as-boeing-crisis-consumer-inflation-pressure-stock-market

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