NEW YORK: Wall Street's major indexes declined on Tuesday as investor caution persisted amid the U.S.-Iran standoff, and energy shares fell as oil prices gave back some recent gains.
"The market today is drifting. We're trying to digest the Middle East action" and other news on the political front, said Jack Janasiewicz, portfolio manager at Natixis Investment Managers' Multi-Asset Portfolio Solutions group in Boston. Among gainers, Boeing Co shares climbed 1.1per cent after it said it was recommending that airline pilots undergo simulator training before they resume flying the 737 MAX, a shift from its previous position that pilots only needed computer-based training on new software following two fatal crashes.
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