Wall Street stalls on Boeing slide, earnings jitters

- U.S. stocks headed lower on Monday, following the S&P 500’s seven-day winning streak, as Boeing’s shares took a hit and investors braced for what could be the first decline in corporate earnings since 2016.

Southwest Airlines Co fell 2.7% after the carrier said it was pulling out all 737 MAX jets from its flight schedules through June 7, extending its earlier timeline by a week. However, lowered earnings expectations and worries about an economic slowdown are starting to dampen investor enthusiasm. At 12:43 p.m. ET the Dow Jones Industrial Average was down 135.20 points, or 0.51%, at 26,289.79, the S&P 500 was down 6.00 points, or 0.21%, at 2,886.74 and the Nasdaq Composite was down 11.37 points, or 0.14%, at 7,927.33.

Camera magnet 📸

Who is this panicked little dude?

That is a hell of a good photo! Well done.

Bernie?

Going bald after a lifetime of HIPPY Allman Brothers is definitely a learning curve experience. I hope I “learn” better than this guy?

to be expected ... still waiting for the class-action suites to begin ...

Why the Bernie pic?

I'm sorry.

mad props to the photographer

الإمارات العربية المتحدة أحدث الأخبار, الإمارات العربية المتحدة عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

There were a ton of big analyst calls about major stocks on Monday. Here are the highlights:Here are the biggest calls on Wall Street on Monday..
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »

Tesla sales; Walgreens earnings; Boeing delayCNN's ChristineRomans has today's top business headlines before the opening bell on Wall Street ChristineRomans T E L E P R O M P T E R R E A D E R ChristineRomans ChristineRomans Fact: New York decreased its 2019 budget for the Special Olympics by $50,000 & gave each legislator a $50,000 raise I imagine this will get as much coverage as realDonaldTrump got for saving the Special Olympics budget after the media attacked Betsy Devos' proposed cuts
مصدر: CNN - 🏆 4. / 95 اقرأ أكثر »

Morgan Stanley: Wall Street is wrong, there will be an earnings recession this yearMorgan Stanley is calling for a full-blown earnings recession, while many other analysts see one negative quarter and a return to positive profit growth by the second quarter. Bullish Retail investors IRL Yep they said the same in 2008 , the market is fake and being propped up by banks , no way is the economy at 26,000 on the Dow especially when the White House is Calling for Q4 and a cut , they know what earnings are coming
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »