Stocks Fall as Boeing Leads Drop; Dollar Weakens: Markets Wrap
- Oil fluctuated; Turkey’s lira jumped on Syria cease-fire
- U.S. Treasury notes rose; Europe sovereign bonds declined
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U.S. equities ended the week on a down note after flirting with all-time highs in the wake of mostly positive earnings reports. The dollar weakened to its lowest level since July.
Boeing accounted for about two-thirds of the decline in the Dow Jones Industrial Average, while sagging technology stocks such as Microsoft weighed on the Nasdaq Composite. U.S. regulators said Boeing failed to turn over communications between its employees during the certification of the grounded 737 Max jet.