Texas Instruments, seen as a proxy for the microchip sector, dropped 6%, weighing on the Philadelphia Semiconductor index .SOX, while Caterpillar shares were flat.
Boeing’s shares rose 0.7%, lifting the blue-chip Dow Jones index, after the world’s largest planemaker reaffirmed the timeline for its grounded 737 MAX’s return to service, as investors looked past quarterly profit that more than halved.
Don’t worry, realDonaldTrump will promise something he can’t deliver, markets will increase, then said promise won’t happen. Wash. Rinse. Repeat. Manipulation
LOL Boeing. A company that lied about hundreds of people getting killed in an inherently unstable flying platform said they'll have it back up in the air by years end and people actually believed it. Talk about denial/cognitive dissonance/market panic. Unreal. Its on them.
Apple Shock again ？
Recession?
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Source: Reuters - 🏆 2. / 97 Read more »