Equities

Reuters exclusively reports Boeing studies 737 MAX output slowdown among scenarios; market reacts

Reuters exclusively reports Boeing studies 737 MAX output slowdown among scenarios; market reacts

Boeing shares fell after Reuters exclusively reported on Apr. 5 that the world’s largest planemaker was studying slowing production due to the continued grounding of its 737 MAX airliner. Boeing later confirmed the production cut. Shares in European suppliers to Boeing continued to fall broadly on Apr. 8, dragging the overall UK market lower, as investors digested the cutback.