Equity markets: the one to watch today -- Boeing --
.... tea leaves suggest it is close to scrapping the 737 MAX; if so, this is a big, big deal; will reverberate throughout the manufacturing industry just as the 2020 campaign gets under way; perhaps worst news that the president could getDisclaimer: this is not an investment site. Do not make any investment, financial, career, travel, job, or relationship decisions based on what you read here or think you may have read here.
Let's see how the equity markets are doing.
Futures, 7:45 a.m. CT, Monday, December 16, 2019, after a week of more equity records:
- Dow: up about 60 points
- OXY: up about 21 cents; back under $38
- COP: up about 11 cents, $62.70
- CVX: up 54 cents; $118.50
- AAPL: up another $2.04, now trading at over $277 before the market opens; by the end of the day, perhaps some profit-taking; big story: the US-China "trade deal" averted huge costs for Apple;
- BRK-B: riding AAPL's coattails, up $1.38; trading at $227
- BA (Boeing): and there it is -- down almost $14; down almost 4%; -- trading below $330; if this is how BA trades today, "Fast Money" (CNBC) will be must-see; curious what Jim ramer will have to say;
- TSLA: the flip side of Boeing; up over $4; trading at $362.55
- PCAR: not trading yet
- UNP: not trading yet
- EW: not trading yet
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