The Market: For The Archives -- March 11, 2019

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Dow: plummets. Boeing. Ethiopia. 737 MAX 8. 157 people killed. Southwest Airlines. FAA warning/oversight. Spirit Airlines flies Airbus. Data points:

• Boeing closed at $422.54 on Friday, before the crash
• Boeing, in early trading, first trading day after the crash: $386
• the 737 MAX 8: one of Boeing's top selling planes

WTI: $56.57. Supposedly oil prices "rose" because of reports that Saudi Arabia plans to curb exports in April. We'll see. 

How irrelevant is Venezuela? Over the weekend, apparently "all" oil production/export activities stopped due to country-wide electricity blackouts.

• WTI: up 55 cents/bbl
• Brent crude: up 64 cents
• OPEC basket: up 53 cents
• inconsequential. period. dot.