Dow Suffers as Boeing Crisis, Consumer Inflation Pressure Stock Market

2019-3-13 18:35

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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