The Dow falls as Boeing slides following a Fitch revises its outlook on the planemaker to negative.Dow, down 0.2%, had risen as much as 0.3% early in the session.
Citing regulatory uncertainty about the timing of the 737 MAX’s return to service, Fitch Ratings has lowered its outlook on Boeing (BA -0.6%) to Negative from Stable.
Stocks stage a modest rebound at the open following last week’s decline, as earnings reports are set to ramp up this week; Dow +0.1%, S&P +0.2%, Nasdaq +0.5%.
The day before Boris Johnson is likely named U.K. prime minister, a high-profile exit from the government is already in the cards: Chancellor of the Exchequer Philip Hammond.
Political uncertainty has made valuations very attractive in Sri Lanka.
Sri Lanka has not yet met its tourism potential.