Dow Futures Slump Amid Boeing’s Woes, Bitcoin Stays In Green, Oil Recoils As Traders Look Ahead To Fresh Trading Week
Published by
Benzinga
Benzinga
The negative cloud that has enveloped the market in the new year apparently hasn’t lifted, as index futures point to a lower opening on Monday. The grounding of Boeing Co.’s (NYSE:BA) 737 MAX 9 jets following an accident involving one of its kind has impacted sentiment toward all airline stocks, dragging the Dow futures sharply lower. Traders may also prefer to stay cautious ahead of a duo of inflation reports due later this week and the kickstart of the big bank earnings Friday. Cues From Past Week’s Trading: U.S. stocks pulled back in the week ended Jan. 5, with the Fed hinting through the D…