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Boeing and Brexit drama are hitting market sentiment (BA)

Boeing and Brexit drama are hitting market sentiment (BA)
Associated Press



Boeing's shares were down 1.3% in pre-market trading after slumping 6% yesterday




Asian and European stocks and US futures lost ground after British Prime Minister Theresa May's Brexit deal was resoundingly rejected by Parliament.




The British pound has swung between $1.33 and $1.30 this week as the Brexit drama has unfolded.



Shares in Boeing slid 1.3% in premarket trading on Wednesday after slumping 6% yesterday, as European and Indian regulators joined their peers in grounding Boeing 737 Max 8 aircraft after the model was involved in two lethal crashes in the space of five months.
Asian stocks were down as traders reacted to global growth fears. The resounding defeat of British Prime Minister Theresa May's Brexit deal in Parliament on Tuesday added to gloomy sentiment, leaving European shares broadly flat.
The pound pared its losses as currency traders were optimistic that the possibility that Britain crashes out of the EU without a deal looks more remote.
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