S&P, Nasdaq rise on tame inflation data; Dow felled by Boeing

FILE Impression: Traders run on the flooring at the place up the put Boeing is traded at the New York Inventory Trade (NYSE) in New York, U.S., March eleven, 2019. REUTERS/Brendan McDermid

NEW YORK (Reuters) – The S&P 5 hundred and the Nasdaq rose on Tuesday quickly soon after tame inflation facts underscored the Federal Reserve’s dovish stance on motivation amount of money hikes, but the Dow finished lessen as Boeing’s shares sank for a 2nd working day quickly soon after a particular person of its planes crashed in Ethiopia.

The Dow Jones Industrial Common fell ninety 4.32 facts, or .37 %, to 25,556.fifty 6, the S&P 5 hundred acquired 8.forty one particular facts, or .30 %, to two,791.seventy one particular and the Nasdaq Composite bundled 32.ninety 7 facts, or .forty 4 %, to 7,591.03.

Reporting by Caroline Valetkevitch in New York Modifying by James Dalgleish

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