Much of Wall Street is rising today, ahead of a week heavy with potentially market-moving reports toward the end of it.
The S&P 500 was 0.6% higher in afternoon trading, coming off its first losing week in the last 10. The Nasdaq composite was up 1.3%, while the Dow Jones Industrial Average was lagging the market with a loss of 77 points, or 0.2%.
Boeing was dragging the Dow lower in its first trading after one of its jets suffered an inflight blowout over Oregon. It fell 6.9%. Wichita-based Spirit AeroSystems, which builds fuselages and other parts for Boeing, lost 8.4%.
Elsewhere on Wall Street, the fallout from the weekend’s blowout of a Boeing jet flown by Alaska Airlines spread. Alaska Air Group was stable after falling earlier in trading. United Airlines, which flies the same Boeing model and also had to cancel flights because of its grounding, opened lower and swung a few times before rising 2.5%.