Tag: groundings

Futures under pressure as Boeing groundings drag airline stocks

(Reuters) – U.S. stock index futures slipped on Monday with Boeing tumbling after some of its jets were grounded following an incident, while uncertainty around interest-rate cuts remained an overhang. Boeing nosedived 8.7% in trading before the bell after the U.S. Federal Aviation Administration (FAA) ordered the temporary grounding of some 737 MAX 9 jets […]