Dow under pressure | Boeing tanks | Powell: Trump can't fire me

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This morning's futures are somewhat misleading, in that Boeing is set to drag more than 250 points off the Dow by itself.

Dow futures were lower this morning, dragged lower by aircraft manufacturer Boeing . Without Boeing, the Dow Jones Industrial Average and S&P 500 are looking at modest gains at the opening bell, as all three major averages try to break five-day losing streaks. div > div.group > p:first-child"> Boeing was nearly 9 percent lower in premarket trading following the weekend crash of an Ethiopian Airlines Boeing 737 Max 8, killing all 157 people on board.

Trump will also seek $8.6 billion for additional barriers along the U.S.-Mexico border in his budget proposal. Congress is unlikely to approve anything that resembles the White House budget as Democrats control the House. Federal Reserve Chairman Jerome Powell told CBS'"60 Minutes" that he does not think he can be fired by Trump."The law is clear that I have a four-year term, and I fully intend to serve it," he told the news magazine show.

Tesla will raise prices of its high-end vehicles by about 3 percent, although it will maintain the pricing of the $35,000 version of the Model 3. It will also keep more of its retail stores open than it had originally planned. Nvidia this morning announced plans to acquire fellow chipmaker Mellanox Technologies for about $7 billion in cash in what would be Nvidia's largest ever acquisition.

 

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Powell sounds like a hit-and-run CRIMINAL DESPERATELY shouting for ATTENTION in public saying - The Police Can’t catch me ... na..na..na..nanana..na, na..na..na..nanana..na, ...

Some people thought it was a good idea to elect a “non politician” hows that working out for you?

He cant be fired because the federal reserve bank holds America hostage.

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Boeing alone will cost the Dow more than 200 points as stock heads for big declineBoeing is set to tumble more than 8 percent on Monday, a move that will likely keep the Dow Jones Industrial Average lower on the day. Never will I fly, unless I am the pilot! Another Boeing 737 near crash - Newark to Houston Sunday had engine fire and had to evacuate passengers Would you get on a Boeing Starliner now ? I think I would suddenly get sick and wait for a Spacex Launch haha
Source: CNBC - 🏆 12. / 72 Read more »

Dow futures down nearly 200 points as Boeing drops in premarket after deadly Ethiopia plane crashDow futures tumble on Monday, dropping over 100 points as Boeing shares fall sharply in premarket trading after the crash of a 737 Max 8 aircraft that killed 157 on board, the second accident in six months for its newest and popular plane. Time for Trump to pump up the China trade talks! Echecrates
Source: MarketWatch - 🏆 3. / 97 Read more »

Boeing could bring the Dow industrials to a hard landingAerospace giant is arguably the U.S. market’s most dangerous stock, and puts the Dow Jones Industrial Average at risk, writes Sven Henrich. NorthmanTrader Playing catch up? I've been saying that the last 2 weeks..... NorthmanTrader What about Apple or Amazon? NorthmanTrader There was no need for this opinion, if the fundamentals are good and consistent for long time with huge backlog what was the reason for this just before market open, do more good to the world than bad!
Source: MarketWatch - 🏆 3. / 97 Read more »

Southwest says it remains 'confident' in its fleet of Boeing planes after Ethiopia crashSouthwest Airlines Co. expressed confidence in its Boeing Co. aircraft and said has no plans to change operations in the wake of a deadly crash involving a 737 Max 8 aircraft in Ethiopia. But shares of the airline fell over 3% in premarket trading, alongside a nearly 9% drop in Boeing shares. "As Southwest operates a fleet of 34 Boeing 737 MAX 8 aircraft, we have been in contact with Boeing and will continue to stay close to the investigation as it progresses," said a spokesman for the company. Ethiopian Airlines Flight 302 crashed shortly after takeoff from the capitol of Addis Ababa, killing all 157 people on board. It's the second deadly accident involving Boeing's popular 737 Max 8 in six months, with the last occurring in October when an Indonesia Lion Air jet crashed into the sea, killing all 189 on board. China's civilian aviation authority has ordered all airlines to ground those Max 8 planes, while Ethiopian Airlines has grounded its entire fleet of those planes. "We don't have any changes planned to our operational policies or procedures," said the Southwest spokesman. Losses for Boeing drove a 170-point drop in Dow futures. Boeing needs to ground all these new 737's immediately Caution is warranted pending the investigation and review of the facts at hand. Dont be a hero
Source: MarketWatch - 🏆 3. / 97 Read more »

Boeing shares fall after second deadly 737 MAX 8 crashShares of Boeing Co slid 9 percent in early trading on Monday as many airlines g... They all need to be added to Hillary Clinton’s body count Is anyone going to use that engine on the floor? Inevitable
Source: Reuters - 🏆 2. / 97 Read more »

Boeing shares fall sharply after second deadly 737 MAX 8 crashShares of Boeing sank as some airlines grounded the planemaker's best selling 737 MAX 8 passenger jet following the second deadly crash involving the plane. When is the 3rd coming SquawkCNBC Ross Sorkin asks if crash has anything to do with China trade talks? “Stock expert” yes possibly. Joe laughs on air at both! SquawkCNBC Be careful not to minimalize the loss of life when you report...
Source: CNBC - 🏆 12. / 72 Read more »

Boeing says has no new guidance for 737 MAX 8 operatorsBoeing said on Monday the investigation into the Ethiopian Airlines crash is in ... I should think a stern, 'Don't fly them into the ground' would be in order. Five months and two crashes with more than 200 people died. All airlines in the world should stop ordering this series 737-8 Max.
Source: Reuters - 🏆 2. / 97 Read more »

Airlines ground Boeing 737 MAX 8 planes after crash'Alarms should be and going off all through the aviation industry,' says transportation analyst MarySchiavo on the Ethiopia Airlines crash. She says the US should ground Boeing 737 MAX 8 planes for now. 'Everybody should... Boeing should take the lead.' McKenzieCNN flyethiopian remains the best and largest airline in Africa... And I am Proud to have used the airline and I will continue using it. Boeing company should answer the questions flying round the social media. McKenzieCNN *Boeing 737-8 Max McKenzieCNN But will anyone go to jail for these deaths? whitecollarmurder
Source: CNN - 🏆 4. / 95 Read more »

China, Ethiopia and Cayman Islands ground Boeing 737 Max 8 aircraft after crashA growing list of airline carriers around the world are grounding their fleets of Boeing 737 Max 8 aircraft in the wake of a crash that killed all 157 people on board. pEOPLE should only fly ASTEROIDS not planes ASTEROIDS don't pilot,engines,wing,tail,tailwing,doors,slaps,willows,allfailatsumtime,humansmakethem!!! Thinking about all the sadness this has caused, a lot of grief that should not happen again, unnecciarily. Safety first unlike the US where profits before people.
Source: ABC - 🏆 471. / 51 Read more »