Stocks rise ahead of Fed meeting; Boeing drags on Dow

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 52 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 97%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Stocks mostly higher ahead of Fed meeting, but Boeing is dragging on the Dow

U.S. stocks traded mostly higher Monday, as investors looked ahead to this week’s meeting of Federal Reserve policy makers, while losses for aircraft maker Boeing again dragged on the Dow Jones Industrial Average after The Wall Street Journal reported federal prosecutors and Transportation Department officials are probing the development of the company’s 737 MAX jetliners.

The S&P and Nasdaq posted their highest settlements since Oct. 9, while the Dow ended at its highest level since March 1. Investors continue to keep an eye on U.S.-China trade talks. A proposed summit between President Donald Trump and China’s Xi Jinping to end the trade battle between the two countries may be pushed back to June, the South China Morning Post reported over the weekend. The proposed meeting had been originally targeted for March, then pushed back to April amid slow-moving trade talks.

Dermira Inc. DERM, +97.95% stock rose more than 100%, after the biotech firm reported positive results in a mid-stage trial of a treatment for moderate-to-severe atopic dermatitis. In deal news, Fidelity National Information Services Inc. FIS, -1.86% said Monday it would buy e-commerce and payments group Worldpay Inc. WP, +8.50% WPY, +9.97% in a cash-and-stock deal that values Worldpay at $43 billion. Shares of Fidelity National Information Services were up 2%, while Worldpay shares rose 12.3%.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 3. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Stocks end mostly higher; Dow dragged lower by Boeing shares
Källa: MarketWatch - 🏆 3. / 97 Läs mer »

Stocks open mostly higher; Boeing weighs on DowStocks opened mostly higher Monday as investors awaited a meeting of Federal Reserve policy makers later this week and kept an eye on developments...
Källa: MarketWatch - 🏆 3. / 97 Läs mer »