You are here: Home » Reuters » News
Business Standard

Dow strikes record high as broader market weakens


By Noel Randewich(Reuters) - Rising shares of Boeing pulled the Dow Jones Industrial Average up to a record high on Thursday, while the S&P 500 fell as investors saw higher-than-expected inflation increasing the chances of an interest rate hike. The Dow's third consecutive all-time high was driven in part by Boeing , which rose 1.36 percent after Deutsche Bank raised its price target on the aerospace and defence stock.After the bell, S&P emini futures slid 0.27 percent after North Korea fired a missile over Japan, deepening a crisis after Pyongyang on Sept 3 tested its strongest nuclear bomb ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Fri, September 15 2017. 05:51 IST