Financial Headlines 2.11




The Dow was mostly flat in Thursday trading, down 7 to wrap the session at 31430, as The Nasdaq gained 54 to finish trading at 13972 after topping 14k for the first time yesterday. The S&P added six points by the end of the day to close at 3916.


In the Transportation Sector, United Airlines returns the Boeing 737 Max to commercial service after grounding it in 2019. The Federal Aviation Administration in November lifted its 20-month grounding of the planes after Boeing made software and other safety changes to its bestselling plane. The resumption of deliveries last year was a relief for Boeing. The grounding of the planes starved it of cash, a crisis that was compounded by the Covid-19 pandemic’s impact on jetliner demand. UAL Shares closed at 43.44 in Thursday trading And as earnings season Heats Up, Pepsi Beats The Street AND the Heat! As revenue jumps 8.8%, the company sees 2021 results meeting long-term targets PepsiCo on Thursday reported fourth-quarter earnings that topped estimates, fueled by pandemic snacking and higher sales of drinks like Gatorade Zero and Bubly sparkling water...Shares of the company fell less than 1% in morning trading. Pepsi’s stock has fallen 6% over the last year, giving it a market value of $189 billion. Pepsi stock was flat

at the end of trading to close at 134.97 per share.




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