

S&P 500 stock index extends winning streak to 8 days
Economy and Finance 8 April 2019 Arabia Day Newsdesk 0


Stocks posted a mixed finish Monday, with the S&P 500 eking out a gain to extend its winning streak to eight sessions. The Dow Jones Industrial Average DJIA, -0.32% meanwhile, ended lower, unable to shake off a big decline for shares of Boeing Co. BA, -4.44% The S&P 500 SPX, +0.10% ended with a gain of around 3 points, or 0.1%, near 2,896, according to preliminary figures, with the large-cap benchmark index matching its longest streak of daily gains since a run that ended on Oct. 5, 2017, according to Dow Jones Market Data. The Dow was weighed down throughout the session by a heavy loss for Boeing, which ended the day down around 4.4% after the company late Friday said it was cutting its 737 production rate to 42 planes a month from 52 planes. The Dow fell around 84 points, or 0.3%, to close near 26,341. The Nasdaq Composite COMP, +0.19% gave up around 15 points, or 0.2%, to close near 7,954.
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