Reported 5 months ago
The Dow Jones Industrial Average dropped 605 points due to Boeing's CFO warning about cash flow burn, causing the stock to plummet over 7%. Yahoo Finance's Jared Blikre shared market insights for May 23rd, highlighting a potential warning signal in the S&P 500. The VIX showed a reversal signal, and the correlation between copper and semiconductor stocks was noted, indicating potential material price increases. The article suggests caution in the market due to recent trends.
Source: YAHOO