Boeing Company (NYSE:BA) stock traded lower on Friday as a broad market selloff pushed investors away from economically sensitive stocks and into defensive sectors.
The stock was down nearly 1% even though there were no major Boeing-specific developments driving the move. Instead, the decline appeared tied to a wider risk-off shift across U.S. equities.
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The Nasdaq Composite fell 3.57%, while the S&P 500 dropped 1.85%. The Russell 2000 lost 2.87%, and the Dow Jones Industrial Average slipped 0.87%.
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