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About: http://data.cimple.eu/news-article/fcca5894d847e88d6a316dbc0f9d6e025f708849d1a62c08db1ad0b9 Goto Sponge NotDistinct Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

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rdf:type	schema:NewsArticle
schema:articleBody	The Dow pulled back from records on Friday after earlier hitting the 29,000-point milestone as Boeing shares fell following fresh damaging revelations over the 737 MAX. Dow member Boeing slid almost two percent after the release of another round of embarrassing emails, including one in which an employee said the aircraft, which has been involved in two fatal crashes since 2018, had been "designed by clowns." The aerospace giant has been in crisis mode since March, when the MAX was grounded worldwide. All three major indices retreated from Thursday's all-time highs, with the Dow Jones Industrial Average ending at 28,823.77, down 0.5 percent after earlier topping 29,000 for the first time. The broad-based S&P 500 shed 0.3 percent to 3,265.35, while the tech-rich Nasdaq Composite Index also lost 0.3 percent at 9,178.86. Equities pushed into positive territory after the Labor Department reported that the United States added 145,000 new positions in December, a bit below expectations, while the unemployment rate held steady at 3.5 percent, remaining at a 50-year low. But stocks later retreated, with some analysts viewing the pullback as unsurprising given the strong gains in late 2019 and early 2020. "It's not that we're seeing a big selloff as much as we're seeing a lack of buyers heading into the weekend after some obvious geopolitical turmoil last weekend," said JJ Kinahan, chief market strategist at TD Ameritrade. Boeing supplier Spirit AeroSystems joined Boeing in tumbling, shedding 4.3 percent after announcing it will lay off 2,800 employees after Boeing halted production of the MAX. jmb/dg
schema:headline	US stocks pull back from records as Boeing tumbles
schema:mentions	Judge S&P 500 Index 2001 Omsk An-70 crash Slid (Fluke song) Boeing 737 MAX Dow Jones Industrial Average Australian Labor Party United States Max Schneider Spirit AeroSystems Christy Kinahan TD Ameritrade Boeing 737 MAX groundings Pullback bundle NASDAQ Composite
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-01-10 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	68 (xsd:integer)

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