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Boeing (BA) Q4 miss does Dow Jones futures no favours
The Dow Jones futures have now fallen back into the red. Earlier the index was pricing an opening close to 44,800, but more recently it has lowered that and right now the index is priced to open lower. The main reason for that could rest with the latest earnings report from the US aircraft maker, Boeing (BA). They have just announced a pretty and miss on their Q4 earnings. The company has just reported a Q4 earnings miss of -$5.90 per share. The markets were expecting a miss of -$2.65 per share. Revenue came in around $1 billion shy of estimates too and that has sent the price of Boeing sliding in the premarket. Perhaps no one is that surprised by all this, but right now this is not the best piece of news to greet the Dow Jones futures ahead of the opening this afternoon. The index is right now priced to reopen 44,665
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