US stocks close mixed with Iran sanctions in focus

Economies.com
2019-04-22 20:56PM UTC

US stocks performance were mixed today as Dow Jones fell under pressure from Boeing, while Nasdaq and Standard & Poor's received support from the energy sector.

 

Boeing fell 1.3% to $375.1 after news agencies reported that the company was in a hurry to produce "737 Max" aircraft, which have led to the infamous technical flaws.

 

On top of today's events, the White House has announced the suspension of waivers for Iranian oil importers, to stop Tehran's exports of crude completely.

 

In the oil market, West Texas crude rose 2.7% to close at $65.70 a barrel, the highest price at $65.9 and the lowest price at $64.

 

Brent rose 2.9% to $74.04 a barrel, with the highest at $74.5 and the lowest at $71.8.

 

At the close of trading, Dow Jones Industrial Average fell 0.2% (equivalent to 48 points) to 26,511 points, and hit a high of 26,553 points and a low of 26,458 points.

 

Nasdaq rose 0.2% (17 points) to 8,015 points, with the highest level at 8,017 points and the lowest level at 7,965 points.

 

Standard & Poor's rose 0.1% to 3,290 points, with the highest level at 2,908 points and the lowest level at 2,896 points.

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