Shares - Boeing Weighs on Dow As Gross sales Knowledge Carry S&P, Nasdaq

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Technology stocks are powering broad gains on Wall Street, although a drop in Boeing is weighing on the Dow Jones Industrial Average.

The Boeing loss restrained gains in the Dow, which rose 79 points, or 0.3 per cent, to 25,529. S&P 500 e-minis were down 0.25 points, or 0.01 percent and Nasdaq 100 e-minis were up 7.5 points, or 0.1 percent.

Britain's Prime Minister Theresa May battled to win support for her plans for an orderly Brexit, but Attorney General Geoffrey Cox dealt a blow saying the assurances she had been given still meant the United Kingdom could be locked in the bloc's orbit after Brexit.

Apple rose 2% and was the biggest boost to the S&P and Nasdaq, after the iPhone maker invited media to a March 25 event where it is expected to launch a television and video service.

This comes on the heels of data from last week that showed USA employment growth nearly stalled in February, which added to global growth fears that were already fanned by a sharp fall in China's exports and as the European Central Bank slashed growth forecasts for the region.

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Stocks are opening mostly higher on Wall Street, led by gains in technology companies and banks.

The world's largest planemaker, which is the best performing Dow component this year by a wide margin, fell as much as 13.4 percent on Monday and dragged down the Dow Jones index.

F5 Networks Inc slipped almost 7.4 percent, the most on the S&P index, after the network software maker said it would buy privately held NGINX.

Investors are also still waiting for more details on any potential trade deal between the USA and China.

Sunday's crash of a Boeing 737 Max 8 aircraft operated by Ethiopian Airlines continued to pressure Boeing's stock Tuesday morning, with shares trading more than 3%. "In particular, we have seen a sharp rise in United Kingdom growth figures, with a 0.5% monthly figure and 1.5% year-on-year number proving that the United Kingdom economy remains resilient despite Brexit fears and a wider global slowdown".

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The impasse has raised fears of a chaotic "no-deal" Brexit that could disrupt businesses in Britain and the 27 remaining European Union countries.

CURRENCIES: The dollar inched down to 111.21 yen from Tuesday's 111.26 yen. CPI excluding the volatile categories of food and energy - considered by many to be a strong indicator of underlying inflation - rose 2.1% year-over-year, slower than the 2.2% pace anticipated. The euro rose to $1.1297 from $1.1240. Global benchmark May Brent crude gained 9 cents, or 0.1%, to $66.67 a barrel on ICE Futures Europe, following a high at $67.39.

Trader Dudley Devine works on the floor of the New York Stock Exchange, Tuesday, March 12, 2019.

The Russell 2000 is up 27.95 points, or 1.8 per cent.

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