Rare Occurrences Sink Dow

By
Mortgage and Lending with The Federal Savings Bank/Lending in 50 states NMLS # 109616

Stocks were greeted with some unusual problems this morning.  Dow component Boeing was reeling from more bad news about the battery troubles on their new Dream-liner.  The news was significant enough that all 787 were grounded across Japan.  On the banking front, behemoth JP Morgan reported a monstrous 53% gain in profits at the same time as reporting a large trading loss and building legal problems.  In a mixed market the Dow lost 23 points while the other two major U.S. Indices had small gains.

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