Dow Jones Clings to Gain as Boeing Loses Orders, Apple iPhone Shipment Estimates Cut, and Financials Maintain Dividends
The Dow Jones Industrial Average (DJINDICES: ^DJI) was holding onto a small gain by early afternoon Tuesday, up 0.25% at 12:30 p.m. EDT. This gain is despite a worsening pandemic. The number of daily confirmed cases of COVID-19 continues to be elevated in the United States, and more than a dozen states have either paused or rolled back their reopening plans.
Boeing (NYSE: BA) stock reversed course on Tuesday after two major orders were cancelled. Meanwhile, Apple (NASDAQ: AAPL) stock gained even as iPhone shipment estimates were reeled in, and shares of major financial companies jumped after quarterly dividends were maintained.
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Source Fool.com
