Monday, after the start of the trading session on Wall Street, the share of aircraft manufacturer Boeing went deep into the red. The second crash of a Boeing 737-MAX aircraft in six months also put pressure on the shares of American airlines in New York.

The leading Dow-Jones index, in which the Boeing share is a heavyweight, was 0.8 percent lower at 25,254 points shortly after the opening bell. The broad S&P 500 rose 0.4 percent to 2754 points. Nasdaq technology grant rose 0.6 percent to 7454 points.

On Sunday the Boeing plane crashed in Ethiopia shortly after taking off. An accident with the same type of aircraft took place in Indonesia last October. Several companies keep ground-based aircraft of this type for the time being. The 737 MAX model of the American aircraft manufacturer is one of the most sold passenger aircraft at the moment. Boeing was nearly 13 percent lower. That is the largest exchange loss since 2001. Airlines such as Southwest Airlines, American Airlines and JetBlue lost up to 2.4 percent.

The broader sentiment received further support from the slight recovery in US store sales. These were 0.2 percent higher in January than one month earlier. Economists assumed a stabilization. The increase in retail trade may ease investors’ concerns about a weakening of the US economy.

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