Boeing shares slide 8% in Frankfurt, US pre-market after MAX 9 groundings

LONDON – Boeing shares listed in Frankfurt and in U.S. pre-market trading fell almost 8% early on Monday after the U.S. Federal Aviation Administration ordered the temporary grounding of some Boeing 737 MAX 9 jets. A piece of fuselage tore off an Alaska Airlines jet on Friday following takeoff from Portland, Oregon, forcing pilots to … Read more

s&p500: Forget the top 5, these stocks were the biggest movers in the S&P 500 in 2023

As the gulf between America’s five largest companies and everyone else widens to exceedingly worrying levels, gyrations among the rest of the top 50 in the S&P 500 are at a 10-year high. The 50 most valuable companies in the benchmark, which now make up about 56% of its total weight, moved up or down … Read more