Morgans Financial Limited

Morgans AM: Tuesday, 14 November 2023


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US equity markets mixed ahead of the latest consumer price index (CPI) report tonight AEST - Dow added +55-points or +0.16% 34,337.87, its highest close since 20 September. Boeing Co gained +4.01% following a Bloomberg report that the Chinese government was considering lifting a commercial freeze for the plane maker’s 737 MAX jet later this week when President Joe Biden and China’s President Xi Jinping meet during the APEC Summit in San Francisco. Also boosting the stock was an announcement from Emirates at the Dubai Airshow that it would buy US$52B of Boeing aircraft, while SunExpress, a joint venture of Turkish Airlines and Lufthansa, announced it would buy 90 737 MAX jets.
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