Moody's Warning Sends Futures Down, But Boeing Soars with Jet Order
Dow Jones futures, along with S&P 500 futures and Nasdaq futures, fell slightly after Moody's Investors Service cut its U.S. outlook to negative from stable, citing high budget deficits and political polarization. However, Boeing stock rose more than 3% after winning a big jet order at the Dubai Air Show. Chip stocks, including Nvidia, Broadcom, Taiwan Semiconductor, KLA, and Lam Research, flashed buy signals, while MercadoLibre, Roku, and Datadog are recent earnings winners that may offer buying opportunities for investors. The stock market rally rebounded on Friday, with the major indexes clearing October highs, and market breadth improving.
