Investing.com
Published Dec 17, 2019 13:26
Updated Dec 17, 2019 14:12
Investing.com -- Stocks in focus in premarket trade on Tuesday, 17th December. Please refresh for updates.
The problem was rippling through Boeing’s supply chain, with Spirit Aerosystems (NYSE:SPR) – which makes the plane’s fuselage - also set to open lower after a 6.2% drop after hours on Monday.
General Electric (NYSE:GE), half of the CFM joint venture that supplies engines to Boeing (NYSE:BA), will also be in the spotlight after its JV partner, French-based Safran (OTC:SAFRY), fell 2.5% in the European morning.
The company blamed the economic slowdown in India (the worst in six years) and also warned that a recovery in the largely buoyant North American market "will take time".
Written By: Investing.com
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