Dow Futures Tumble 160 Points as Boeing Drops in Premarket After Deadly Ethiopia Plane Crash

Monday, 11 March 2019 16:40 WIB

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Dow Jones Industrial Average futures were under pressure on Monday, amid concerns that heavily weighted Boeing Co. will drag the main index lower after the second deadly crash in six months involving one its planes.

Dow Jones Industrial Average futures slid 166 points, or 0.7%, to 25,362, while S&P 500 futures were unchanged at 2,753.50. Nasdaq-100 futures gained 12.5 points, or 0.2%.

The Dow Jones Industrial Average logged its longest losing streak since June on Friday, bouncing off intraday lows to slide 22.99 points, or 0.1%, to 25,450.24. The S&P 500 index shed 0.2%, to 2,743.07, its worst string of losses since November, and the Nasdaq Composite Index dropped or 0.2%, to 7,408.14, marking its weakest stretch since April.

Source : Marketwatch


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