Inflation data lifts S&P, Nasdaq futures; Boeing slips again
FILE PHOTO: Traders work on the floor at the post where Boeing is traded at the New York Stock Exchange in New York, U.S., March 11, 2019. REUTERS/Brendan McDermid
- The S&P 500 and Nasdaq eked out gains at open on Monday as February’s benign inflation data supported the Federal Reserve’s “patient” approach towards further rate hikes, while a second day of losses in Boeing pressured the Dow.The S&P 500 opened higher by 4.04 points, or 0.15 percent, at 2,787.34. The Nasdaq Composite gained 13.79 points, or 0.18 percent, to 7,571.85 at the opening bell.
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