Airline Market Trends
After all the hardship, it appears the main impetus for ending the federal government shutdown in January was its impact on air travel.
Dow, S&P, Nasdaq All Rise
The big story last week was the sudden grounding of Boeing 737 Max 8 and 9 passenger jets in dozens of countries. The financial effects of this ban could potentially impact the airline industry and segments of the economy for months.
Stocks Dip on Growth Concerns
As in February, investors spent most of the first full trading week of March hoping for new details in U.S.-China trade negotiations. While they waited, stock benchmarks drifted downward.
S&P Ends Week Little Changed
Stocks lost a little ground as February gave way to March. While domestic and overseas political developments made headlines, the market stayed relatively calm: from Monday’s open through Friday’s close, the S&P 500 ceded just 0.17%, finishing the week at 2,803.69.