Dow slips 100 points from a record high, Boeing leads losses

cnbc2021-04-12

U.S. stocks fell slightly from record levels on Monday as muted trading resumed before the first-quarter earnings season and the release of widely-watched inflation data. The Dow Jones Industrial ...

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Comments

谦谦陈
2021-04-13
谦谦陈
?
Xavilien
2021-04-13
Xavilien
Lol
shirlzz
2021-04-13
shirlzz
?
ET88
2021-04-13
ET88
?
foxhead
2021-04-12
foxhead
Big sad
Rache13
2021-04-12
Rache13
No

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Boeing was the biggest decliner in the blue-chip Dow, falling 1.8%. The S&P 500 dipped 0.3%, while the Nasdaq Composite fell 0.7%.\nReopening plays led losses with shares of Carnival and Norwegian Cruise Line off about 5% each. United Airlines fell about 4% after the carrier said its first-quarter revenue is expected to fall 66% compared with the same period in 2019. The new guidance fells near the top of the range between 65% and 70% that the company had previously forecast.\nShares of Nuance Communications jumped 18% after Microsoft announced it will buy the speech recognition companyin a $16 billion deal.The Nuance acquisition represents Microsoft's largest acquisition since it bought LinkedIn for more than $26 billion in 2016.\nTesla gained more than 3% to around $700 after Canaccord Genuityupgraded the stock to buyand raised its price target to $1,071, citing its battery innovations.\nThe first-quarter earningsreporting season begins this week, with expectations set for broadly positive news and an uptrend for U.S. equities thanks to a recovering economy. 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