Boeing Shares Weigh on Dow Futures After Ethiopia Crash
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Boeing Co.’s share decline dragged futures on the Dow Jones Industrial Average lower after one of the company’s 737 Max jets operated by Ethiopian Airlines crashed, killing 157 people on board.
Futures contracts on the Dow -- where Boeing has the largest weighting -- slid as much as 0.9 percent on Monday after Flight ET302 plunged to the ground minutes after leaving Addis Ababa en route to Nairobi, Kenya. This is Boeing’s second 737 Max crash in five months.