A mixed finish for U.S. stocks today, with the Dow industrials slipping into negative territory in the final minutes of the session. The blue-chip index ended 10 points lower, but the Nasdaq Composite gained 57 and the S&P 500 added 11.
Weighing on the Dow: a loss of about 3% by shares of Boeing. The airplane maker and federal regulators said late yesterday they had identified a new software problem on the 737 MAX, further delaying the process of returning the troubled jet to service.
A Tennessee-based chemical company is upgrading a Louisiana plant. Eastman Chemical says its $70 million investment will go towards expanding and modernizing operations at its St. Gabriel facility, which produces ammonia-derived compounds used in feed, food, personal care and agricultural markets.
Oil futures edged higher today, with global markets awaiting the weekend’s G-20 summit and next week’s gathering of OPEC and its allies. August crude managed a gain of 5 cents to settle at $59.43 a barrel.