Markets Right Now: Stocks end mostly higher; Boeing falls

An American Airlines Boeing 737 Max 8 is seen taxiing to its gate at Miami International Airport

An American Airlines Boeing 737 Max 8 is seen taxiing to its gate at Miami International Airport

Authorities in Ethiopia, China and Indonesia have grounded all Boeing 737 Max 8 aircraft.

However the blue-chip Dow pared losses, and all three indexes ended Monday higher boosted by a rally in tech stocks led by Apple Inc.

The Dow Jones airlines index dropped 2 percent, while the S&P industrials index fell 0.9 percent.

At 9:00 a.m. ET, Dow e-minis were down 20 points, or 0.08 percent.

ASIA'S DAY: The Shanghai Composite Index rose 1.1 percent to 3,060.31 and Tokyo's Nikkei 225 gained 1.8 percent to 21,503.69.

ENERGY: Benchmark U.S. crude rose 55 cents to $57.34 per barrel in electronic trading on the New York Mercantile Exchange.

Stocks are moving slightly higher on Wall Street at midday as technology and health care stocks rise. That snapped a five-day losing streak for the S&P, which was coming off its worst weekly stumble this year.

The world's largest planemaker, which is the best performing Dow component this year by a wide margin, fell as much as 13.4% on Monday and weighed on the Dow Jones index.

Google's parent company Alphabet rose 2.2 percent and Botox maker Allergan rose 2.1 percent. In a note this morning, Nomura Instinet's Frank Cappelleri recommended watching the small-cap Russell 2000 and the Dow Jones Transportation Average, which have dropped 4.3% and 3.3% last week, significantly underperforming the S&P 500.

The Dow fell 36 points, or 0.1 per cent, to 25,618.

Major European stock indexes finished mostly higher before Britain's Parliament voted to reject a deal for the U.K.to exit from the European Union.

Google's parent company Alphabet added 1.3 per cent in the first few minutes of trading Wednesday.

BOEING FALLS: The airplane maker is facing fallout from a second deadly crash involving its important 737 Max 8. Wholesale gasoline fell 1 cent to $1.82 a gallon, heating oil fell less than 1 cent to $1.99 a gallon and natural gas rose 1 cent to $2.78 per 1,000 cubic feet. The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2 percent on a seasonally adjusted basis, the US Labor Department said on Tuesday.

The Nasdaq is up 955.75 points, or 14.4 per cent.

"With headline CPI inflation edging down to a two-and-a-half-year low of 1.5% in February, from 1.6%, and core inflation dropping to a four-month low of 2.1%, from 2.2%, the Fed would appear to be justified in supporting the real economy by being patient and leaving interest rates on hold for a potentially extended period", Paul Ashworth, chief USA economist for Capital Economics, wrote in a note Tuesday.