Posted 1/8/2024, 9:16:34 PM
Stocks Rebound while Boeing Slumps, Bitcoin and Oil Volatile after Saudi Price Cut
- Stocks rebounded Monday after last week's sell-off; Nasdaq gained 2.2% led by Apple and Nvidia announcements
- Boeing shares plunged after FAA ordered grounding of some 737 Max jets for inspection after part detached in flight
- Bitcoin briefly topped $47K ahead of potential SEC decision on spot Bitcoin ETF this week
- Oil prices and stocks tumbled as Saudi Arabia unexpectedly slashed crude prices for February
- Investors await inflation data this week after stocks snapped 9-week winning streak last week amid tech sell-off