The Business Times

US: S&P 500, Dow open higher as Boeing resumes 737 MAX production

Published Thu, May 28, 2020 · 01:43 PM

[NEW YORK] The S&P 500 and Dow Jones indexes opened higher on Thursday, boosted by Boeing shares as the planemaker resumed production of its 737 MAX jets, but simmering tensions between the United States and China kept investors on edge.

The Dow Jones Industrial Average rose 149.09 points, or 0.58 per cent, at the open to 25,697.36, and the S&P 500 opened higher by 10.48 points, or 0.35 per cent, at 3,046.61. But the Nasdaq Composite dropped 19.36 points, or 0.21 per cent, to 9,392.99 at the opening bell.

REUTERS

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