U.S. stock index futures inched higher on Tuesday, taking cues from global stock...
- U.S. stock index futures inched higher on Tuesday, taking cues from global stocks which rose after last-minute tweaks to Britain’s deal to leave the European Union that eased some fears of a no-deal Brexit, and as investors waited for inflation data.
European Commission head Jean-Claude Juncker said he agreed to an updated Brexit deal with British Prime Minister Theresa May to make the agreement more palatable to UK lawmakers but warned they would not get a third chance to endorse it. A reduced likelihood of crashing out of the EU with no Brexit deal helped inject some appetite for riskier assets, potentially eliminating one of the three major concerns of global investors.
Boeing Co fell 2.1 percent, extending a fall from the previous session after many airlines grounded the company’s best-selling line of jets after a second fatal crash in just five months.The world’s largest planemaker, which is the best performing Dow component this year by a wide margin, fell as much as 13.4 percent on Monday and weighed on the Dow Jones Industrial average.
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