The Dow lagged behind the broader U.S. stock market Friday as Boeing Co (BA) headed for its ninth drop in ten days in the wake of the Ethiopian Airline crash that killed 157 people last weekend. An investigation into the wreckage suggests that the doomed flight was configured to dive based on an analysis of a screw-like device that controls the plane’s nose. Dow Makes Sharp Reversal after Early Gains The Dow Jones Industrial Average opened slightly higher on Friday, reflecting a solid pre-market session for Dow futures. However, the rally would soon fizzle, with the index falling as much

The post Dow Dumps While Boeing Stock Plunges to Staggering $28 Billion Loss appeared first on CCN

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