Dow edges lower as Boeing falls, while tech buoys S&P 500, Nasdaq

From Dow Jones & Company:

Stocks traded mostly higher on Monday, but the Dow fell by 22 points. The S&P 500 was up by 34 points, and the Nasdaq rose by 225 points. Boeing shares caused a slump for the Dow, dropping by 6.4% after some of its 737 Max 9 planes were grounded. Tech stocks rose as Treasury yields pulled back. Investors will closely watch the S&P 500’s movement over the first five trading days, as it can provide an indicator of its performance for the rest of the year. The market is uncertain about the trajectory of Fed policy. On Friday, the 4th quarter 2023 corporate earnings season kicks off.



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