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U.S. Futures are Mixed as Boeing Weighs on the Dow #Futures #Boeing #RetailSales

U.S. futures are mixed as Boeing weighs on the Dow. Following the second crash of a Boeing 737 Max jet in 6 months, several countries have grounded their fleet of these airplanes which has sent Boeing shares down around 10%. The Dow’s price weighted index is losing over 200 points from the impact of Boeing alone, while the S&P and Nasdaq futures are both higher. On the data front, January retail sales were better-than-expected in all categories, with the headline number rising 0.2% after falling 1.6% in December. Later this morning markets will get a look at business inventories from December. European shares are higher, with bank stocks leading, ahead of important Brexit vote tomorrow. Asian shares closed mostly higher with Chinese stocks leading.

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