Boeing Stock Drags DJIA Lower as FAA Punts on 737 MAX Timetable

By CCN Markets: The breakneck Dow Jones (DJIA) rally looks to be faltering. Spearheading the decline was Boeing stock (NYSE: BA), which struggled after an FAA official said there was no timeline for the 737 MAX to return to service. Heading into mid-afternoon, Boeing stock had lost 0.9% to trade at $346.18. Earlier, BA shares had dipped as low as $342.80. Boeing Stock Drags on the DJIA The Boeing tailspin began after FAA spokesman Greg Martin responded to reports that the 737 MAX could fly again by August by stipulating that there is “no timetable” for that event.  The FAA has “no

The post Boeing Stock Drags DJIA Lower as FAA Punts on 737 MAX Timetable appeared first on CCN Markets

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