U.S. stock index futures rose slightly Wednesday as investors continued to monitor political and economic uncertainties across the globe.
At 7:18 a.m. ET, Dow Jones Industrial Average futures were up 23 points, implying a gain of 33 points at the open. Futures on S&P 500 and Nasdaq 100 also traded higher.
The S&P 500 and Nasdaq were poised to post their third straight gain, while the Dow tried to regain some traction after steep pressure from Boeing.
Boeing posted another sharp decline on Tuesday amid worries over the safety of one of its most popular airplanes. Boeing shares fell more than 6 percent after several countries, including China, the European Union and Indonesia, grounded all flights involving the 737 Max model. Boeing shares fell more than 1 percent on Wednesday.
The plane has been involved in two deadly crashes in less than six months, including one on Sunday. Edward Jones also downgraded the stock to hold from buy, citing a possible “delay in orders” after the Ethiopian Airlines crash.
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Source: cnbc.com | Original Link