Nasdaq leads the charge. Dow lags.
The broader US stock indices are ending the session near the highs for the day. The Dow is lagging. Boeing after the close announced that it would cut production of its 737 Max to 42 from 52 currently. It had plans to increase production to 59 before the recent tragic accidents and issues with the now grounded planes.
The final numbers are showing:
- S&P index, up 13.35 points or 0.46% at 2892.74
- Nasdaq up 46.907 points or 0.59% at 7938.69.
- Dow up 40.36 points or 0.15% at 26424.99
For the week, the major indices had solid gains:
- S&P rose 2.06%
- Nasdaq rose 2.71%
- Dow rose 1.91%