The stock exchanges in New York are slightly higher on Wednesday. The Boeing share showed some cautious recovery from price losses in recent days due to the malaise surrounding the 737 MAX aircraft. Furthermore, the Brexit problems continue to demand the attention of investors on Wall Street and there are some macroeconomic figures from the United States.
The Dow-Jones index scored 0.4 percent higher at 25,650 points shortly after the start. The broad S&P 500 climbed 0.4 percent to 2801 points and the Nasdaq technology fair also won 0.4 percent to 7623 points.
Boeing advanced nearly 1 percent. The pressure on the aircraft manufacturer to keep the 737 MAX on the ground in the US is also increasing, after a large number of countries have already decided not to let the aircraft fly after two deadly crashes in a short time. The American aviation authority FAA and airlines are under pressure from politicians and travelers not to let the plane fly. On the stock market, Boeing lost nearly $ 27 billion in value in two days.
Four hundred jobs deleted
Streaming service Spotify (plus 1.1 percent) has filed a competition case with Apple (plus 1 percent) at the European Commission. Spotify says to be opposed in the App Store. Apple has its own streaming service, Apple Music, a competitor of Spotify.
Drugstore chain Rite Aid reported that almost the entire board including CEO John Standley is resigning and four hundred jobs are being cut to save costs. The loss-making Rite Aid is in tough weather and the share price has fallen sharply lately. Rite Aid jumped 11 percent up.
Figures were previously announced on producer prices and orders for durable goods in the US. Shortly after opening, data will be reported on US construction spending.