Thursday, 17 October 2019
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Dow ends lower, weighed by Boeing, as S&P 500 extends win streak

Stocks posted a mixed finish Monday, with the S&P 500 eking out a gain to extend its winning streak to eight sessions.

The Dow Jones Industrial Average meanwhile, ended lower, unable to shake off a big decline for shares of Boeing The S&P 500 ended with a gain of around 3 points, or 0.1%, near 2,896, according to preliminary figures, with the large-cap benchmark index matching its longest streak of daily gains since a run that ended on Oct. 5, 2017, according to Dow Jones Market Data.

The Dow was weighed down throughout the session by a heavy loss for Boeing, which ended the day down around 4.4% after the company late Friday said it was cutting its 737 production rate to 42 planes a month from 52 planes. The Dow fell around 84 points, or 0.3%, to close near 26,341. The Nasdaq Composite gave up around 15 points, or 0.2%, to close near 7,954.

Source : MarketWatch

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