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Stocks open higher as Boeing resumes production of 737 MAX

Kolawole Onasanya by Kolawole Onasanya
May 28, 2020
in Front Page, Markets & Companies
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Stocks open higher as Boeing resumes production of 737 MAX
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The S&P 500 and Dow Jones indexes experienced a higher open on Thursday, boosted by Boeing shares as the plane-maker resumed production of its 737 MAX jets.

However, simmering tension between the United States and China kept investors on edge.

READ ALSO

Nigerian stocks’ turnover hits record high, up by 1,216%

Nigeria spending too much, says minister

The S&P 500, or simply the S&P, is a stock market index that measures the stock performance of 500 large companies listed on stock exchanges in the U.S.

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    Nigerian stocks' turnover hits record high, up by 1,216%

The Dow Jones Industrial Average rose 149.09 points (0.58 per cent) at the open to 25,697.36, and the S&P opened higher by 10.48 points (0.35 per cent) at 3,046.61.

But the Nasdaq Composite dropped 19.36 points (0.21 per cent) to 9,392.99 at the opening bell.

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