Market Snapshot: S&P 500, Nasdaq set for 3rd gain in a row, as investors watch Boeing, Brexit issues [MarketWatch]
Rite Aid Corporation (RAD)
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Source: MarketWatch
S&P 500, Nasdaq set for 3rd gain in a row, as investors watch Boeing, Brexit issues U.S. stocks rose Wednesday, putting the S&P 500 and the Nasdaq on track for a third straight day of gains, as investors weighed conflicting data on the U.S. economy with concerns tied to the U.K.’s exit from the European Union. Boeing remained in the spotlight as concerns about the safety of its cutting edge 737 Max 8 continued unabated following the second deadly crash involving the model in Ethiopia over the weekend. The Dow Jones Industrial Average DJIA, +0.55% came off earlier highs to rise 84 points, or 0.3%, to 25,640, while the S&P 500 index SPX, +0.82% added 19 points, or 0.7%, to 2,810. The Nasdaq Composite Index COMP, +0.88% advanced 60 points, or 0.8%, at 7,651. Boeing Co. BA, -0.43% shares fell more than 3% after President Donald Trump told reporters that U.S. regulators will ground 737 Max 8 and 9 in line with similar decisions in other countries. Investors continue to parse
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