Stocks Slide as Boeing Drops, Investors React to Mixed Data
• European and Asian stocks dropped on Monday following last week's selloff • Boeing shares fell nearly 8% as more airlines grounded the 737 Max planes • Investors are looking for direction after mixed US jobs data and declining global equities • German factory orders rose less than expected, a worrying sign for Europe's largest economy • Oil prices slid below $78 per barrel after Saudi Arabia cut selling prices amid market weakness