Stock market news today: Stocks mixed as Boeing plunges


Source: finance.yahoo.com finance.yahoo.com

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Stocks traded mixed on Monday afternoon with the Dow pulling lower as Boeing (BA) shares sold off and uncertainty about the prospects for interest-rate cuts continued to weigh on markets. The Dow Jones Industrial Average (^DJI) sank around 0.2%, or about 80 points. The S&P 500 (^GSPC) rose close to 0.6%, and the tech-heavy Nasdaq (^IXIC) was up 1.3%, after all three major stock indexes broke a nine-week winning steak on Friday. Dow component Boeing's shares tumbled as much as 9% after US authorities grounded some 737 Max 9 jets in the wake of a midair fuselage blowout. The incident...