Dow Jones holds while Nasdaq rises on tech gains

2019-03-15 15:01:55 GMT (Economies.com)
Dow Jones holds while Nasdaq rises on tech gains

US stocks were mixed on Tuesday, as Nasdaq received support from the technology sector, while Dow Jones remained pressured by Boeing shares' losses.

 

Boeing fell 1.2% to $368.7, After the company announced yesterday the cessation of delivery of the aircraft, with more countries suspending the use of its "737 Max" aircraft, in the wake of the crash of an Ethiopian aircraft of the same model and another incident last year in Indonesia of the same model as well.

 

Meanwhile, US President, Donald Trump, raised market optimism yesterday after confirming that the trade talks with Beijing were going well, but made no mention of approaching a final deal.

 

On the economic front, the industrial production in the US rose by 0.1% in February, while the industrial activity in New York fell to 3.7 points.

 

As of 14:08 GMT,  "Dow Jones" fell 7 points to 25,702 points. "Nasdaq" fell 0.5% (39 points) to 7,669 points, while "Standard & Poor's" fell 0.2% (6 points) to 2,814 points.

 
 
 
  Symbol Last Change Chg.%
1.1164
0.0001
0.0054%
1.2703
-0.0034
0.2665%
14.454
0.036
0.252%
62.968
0.286
0.457%
72.03
0.15
0.21%
1274.900
-2.865
0.224%
 
 
US
 
Europe
 
Asia