S&P, Nasdaq rise on tame inflation knowledge; Dow felled by Boeing

FILE PHOTO: Merchants work on the ground on the publish the place Boeing is traded on the New York Inventory Alternate (NYSE) in New York, U.S., March 11, 2019. REUTERS/Brendan McDermid

NEW YORK (Reuters) – The S&P 500 and the Nasdaq rose on Tuesday after tame inflation knowledge underscored the Federal Reserve’s dovish stance on rate of interest hikes, however the Dow ended decrease as Boeing’s shares sank for a second day after one in all its planes crashed in Ethiopia.

The Dow Jones Industrial Common fell 94.32 factors, or 0.37 %, to 25,556.56, the S&P 500 gained 8.41 factors, or 0.30 %, to 2,791.71 and the Nasdaq Composite added 32.97 factors, or 0.44 %, to 7,591.03.

Reporting by Caroline Valetkevitch in New York; Enhancing by James Dalgleish

Author: Maxwell C.

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