Wallstreetcn
2024.10.21 13:32

US Stock Market Morning Session: Most Chinese concept stocks are down, Boeing up around 3%, gold stocks generally rising

Dow Jones fell by 0.1%, S&P 500 fell by 0.1%, and Nasdaq fell by 0.1%. Most Chinese concept stocks declined, with Tiger Brokers falling by about 2% and Nio falling by about 2%. Boeing rose by about 3% as the company reached a temporary agreement with the union on a new contract. If approved by the workers, it is expected to end the strike. Spirit Airlines surged by about 39% as the company announced an agreement with US Bank National Association to further extend the maturity date of its notes to December 23, 2025, providing more time for refinancing its 2025 debt. Spot gold briefly rose above $2740 per ounce, hitting a new record high. Gold stocks generally rose, with Newmont Mining Corporation rising by about 4%