NEW YORK - U.S. stocks rose on Wednesday, led by gains in healthcare shares, and Boeing edged upward even as the United States joined other nations in grounding the company’s 737 MAX jets.
The grounding gives Boeing time to address any problems and not face another potential disaster, said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York. Also helping stocks Wednesday, fresh economic data strengthened the Federal Reserve’s patient stance on future interest rate hikes.
The Dow Jones Industrial Average rose 148.23 points, or 0.58 percent, to 25,702.89, the S&P 500 gained 19.4 points, or 0.69 percent, to 2,810.92 and the Nasdaq Composite added 52.37 points, or 0.69 percent, to 7,643.41. Fueling some volatility in afternoon trading, U.S. President Donald Trump said he was in no rush to complete a trade deal with China and insisted that any deal include how it treats U.S. intellectual property.Advancing issues outnumbered decliners on the NYSE by a 2.43-to-1 ratio; on Nasdaq, a 1.62-to-1 ratio favored advancers.
Source: News Formal (newsformal.com)
CORRUPT RACKET
The issue isn’t MedicareForAll or whatever other kind of socialized healthcare. The issue is that there’s a ginormous “for profit” broker industry bleeding the freaking life out of America's medical system and Americans are paying the bill with their lives.
and FDA Chief under Obama's watch allowed Chinese Pharma to mfg. pop. American Generic blood pres. med now found contaminated & approved new generic mfg. by Indian Pharma not American pharma
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U.S. says Boeing 737 MAX 8 airworthy but says Boeing will make design changesThe United States told international carriers on Monday that the Boeing 737 MAX ... So it's fine, just needs a design change. Thinks: I'm happy to travel on one as long as I'm not travelling. The water is fine, just need to filter out the dirt Seems like Design Changes got them to this point.
Source: Reuters - 🏆 2. / 97 Read more »
Boeing stock woes worsen after the United States grounds 737 Max jetsShares of Boeing, which had lost about 11%, or more than $28 billion in value, fell another 3% immediately after President Trump announced the US would ground 737 MAX 8 and 9 jets. The shares then rebounded. Great Decision by POTUS 👏👍 Trump shorted this stock Time to buy
Source: CNN - 🏆 4. / 95 Read more »
Southwest's stock dives into the red after Trump's call to ban Boeing 737 Max jetsIt’s down less than 1%. Smart! Poor choice of words?
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Boeing stock price falls after Ethiopian Airlines crash involving 737 MAX 8 planeBoeing stock fell Monday, a day after the crash of Ethiopian Airlines Flight 302 killed 157 – the second major crash involving a Boeing 737 MAX 8. Sad but their stock wasn't the only thing that fell. It really is sad that companies avoid issues and innocent people have to pay with their lives. Greed. They could have sold those shares to me I would take them
Source: USATODAY - 🏆 100. / 63 Read more »
Boeing stock falls sharply as crisis mounts over 737 MAX crashesThe tragic Ethiopian Airlines crash on Sunday is raising doubts on Wall Street about Boeing. 🤔 I know they recently moved a lot of the finishing production to China over the years, I wonder if this is a component that was put in over there . they should increase their sale! The eastern countries are the best markets! cnnbrk
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Boeing stock is set to plunge again after Australia joins Singapore in suspending 737 Max flights737 Family Current Price $ in millions average 737-700 :$89.1 mil 737-800 :$106.1 mil 737-900ER : $112.6 mil 737 MAX 7 : $99.7 mil 737 MAX 8 : $121.6 mil 737 MAX 200 :$124.8 mil 737 MAX 9 :$128.9 mil 737 MAX 10: $134.9 mil
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Groundings of Boeing 737 MAX Jets Spread After Ethiopian Airlines CrashBoeing’s troubled 737 MAX jet was hit with new groundings in Australia, Latin America and Singapore, as the company struggled to contain the fallout from Sunday’s deadly Ethiopian Airlines crash. good initiative is the sensical thing to do. According to Wiki, it's a new Boeing model, first flight was in 2016. Airline safety is important so it should have included all the latest engineering. Did it? Travel safe everyone.
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Boeing 737 Max: Debunking traveler myths about the plane at the heart of two air disastersNo, Southwest Airlines is not using the Boeing 737 Max 8 on its new Hawaii flights. Yes, some airlines are quietly working with concerned travelers. It’s brand new. Think if we would of had a professional leading the FAA instead of a trump buddy I wouldn't get on one.
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