Wednesday, January 19, 2011

Boeing lifts stocks amid Apple, Citi weakness

Windsor Genova AHN News News Writer New York, NY, United States (AHN) U.S.
stocks on Tuesday withstood disappointing earnings from Citigroup and pressure
on Apple shares with its CEO, Steve Jobs, taking another medical leave. Boeing
lifts stocks amid Apple, Citi weakness Boeings announcement that it will deliver
its 787 Dreamliner in the third quarter gave enough boost to the major indexes.
The Dow Jones Industrial Average rose 64 points or 0.6 percent to close at
11,851 with Boeing as the top gainer. The Standard & Poors 500 Index added a
point to close at 1,294 led by energy firms. The Nasdaq Composite Index was up
3.81 points or 0.1 percent to 2,759. Meanwhile, oil for February delivery went
up a cent to $91 per barrel. Gold futures for February delivery rose $6.60 to
$1,367 an ounce. Article

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