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Dow Industrials Score a Lift From Boeing Stock as Muilenburg Steps Down


Monday, 23 December 2019 23:57 WIB

DOW JONESSaham AS


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Stocks climbed toward fresh records on Monday as investors focused on a report that China will cut import tariffs for frozen pork, pharmaceuticals and some high-tech components starting from Jan. 1. Investors were also eyeing developments at Boeing, after the Dow component announced that president CEO Dennis Muilenburg has resigned amid a controversy surrounding its 737 MAX jet.

The Dow Jones Industrial Average  rose 112 points, or 0.4%, at 28,569, with gains from Boeing Co. delivering the biggest tailwind to the index. The S&P 500 index advanced 5 points, or 0.2%, at 3,226, while the Nasdaq Composite Index  climbed 17 points, or 0.2%, at 8,942.

Source : Market Watch


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