Dow Jones Industrial Average Opens Flat Despite Strong Earnings from Boeing
October 24, 2018 at 09:40 AM EDT
The Dow Jones Industrial Average was little changed in premarket trading despite a stronger than expected earnings report from Boeing (NYSE: BA). Shares of the aircraft and space manufacturing giant popped 4.1% after the firm reported EPS of $4.07 on top of $25.15 billion in revenue. Wall Street expected EPS of $3.45 on top of $23.72 billion in revenue. The company cited stronger demand from U.S. defense departments and hiked its full-year 2018 forecast. Tags: dow jones today To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2018 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post Dow Jones Industrial Average Opens Flat Despite Strong Earnings from Boeing appeared first on Money Morning - We Make Investing Profitable .