5 Top Stock Decliners for Thursday: Boeing, Wells Fargo
U.S. stocks on Thursday were higher, benefitting from better-than-expected earnings and economic data that helped ease investor concern about inflation and a slowdown in growth.
The S&P 500 advanced for a second session, adding 1.65% and putting the broad benchmark index on pace for its best day since March. The Dow Jones Industrial Average rose 1.54%. The technology-heavy Nasdaq Composite rallied 1.68%.
Here are some of the biggest losers in the stock market on Thursday.
1. Boeing BA | Down 1.2%
Shares of Boeing (BA) - Get Boeing Company Report slipped Thursday following reports that the aerospace giant found a new defect on its 787 Dreamliner, the latest in a series of production problems that have delayed aircraft deliveries.
Boeing said some titanium 787 Dreamliner parts were improperly manufactured over …
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