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There is no end in sight to the Boeing 737 Max grounding after two fatal crashes, prompting airlines to rethink their growth plans.Airlinesread more
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On Saturday, Disney's Marvel Studios announced its upcoming slate of superhero films during a panel at San Diego Comic-Con.Entertainmentread more
"It troubles me that the most important political office in the world is becoming the face of racism and exclusion," Kaeser said in a Twitter post.Politicsread more
Some 40% of Americans would struggle to come up with even $400 to pay for an emergency expense. Just how are so many Americans so short on cash? Blame debt.Personal Financeread more
On Friday, July 8, The Dow Jones Industrial Average closed above 18,000 for the first time since June 23, the day the United Kingdom voted to leave the European Union. It was the 19th time the Dow had reclaimed the 18,000 milestone since first reaching it on December 23, 2014.
According to Kensho data, crossing 18,000 has generally triggered a mild selloff in the Dow, Nasdaq and the S&P 500 in the month to follow. The Dow has been the worst performer, losing an average of 0.76 percent and declining 66 percent of the time, or 12 out of 18 times.
In terms of sectors, energy has been the worst performer, losing an average of 2.26 percent and falling 14 out of 18 times in the month after the Dow crossed 18,000.