DJIA28004.89
LIVE222.93(0.80%)
NDX8315.52
LIVE57.69(0.70%)

Dow Industrials End 1% Lower as Boeing, J&J Shares Exact More Than 220-Point


Saturday, 19 October 2019 03:54 WIB

DOW JONESS & P 500Saham AS


c_740_198_16777215_00_images_assets_USMARKET_10asad4999909-DowJones_Thumb.1910x1000.jpg

U.S. stocks finished near their lows of the session on Friday, with declines in Johnson & Johnson and Boeing Co. delivering the lion's share of the pain for the Dow industrials.

The Dow closed off 255 points, or 0.9%, at 26,770. Dow components Boeing cut about 170 points from the price-weighted average, while J&J and shares exacted a 57-point toll on the index. The S&P 500 index closed 0.4% lower at 2,986, while the Nasdaq Composite Index ended 0.8% lower at 8,090.

Boeing's stock got slammed after the Federal Aviation Administration said the aviation and defense contractor withheld "concerning" messages from 2016 between employees about a flight-control system tied to two fatal crashes of the 737 MAX, while J&J's stock got pulverized, off more than 6%, after the consumer-product giant recalled some baby powder - after tests revealed traces of asbestos.

Source : Market Watch


RELATED NEWS

POPULAR NEWS

DISCLAIMER

Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif saja, dan tidak dimaksudkan sebagai pegangan serta keputusan dalam investasi atau jenis transaksi lainnya. Kami tidak bertanggung jawab atas segala akibat yang timbul dari penyajian konten tersebut. Semua pihak yang mengunjungi website ini harus membaca Terms of Service (Syarat dan Ketentuan Layanan) terlebih dahulu dan dihimbau untuk melakukan analisis secara independen serta memperoleh saran dari para ahli dibidangnya.