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5 things to know before the stock market opens Monday

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Anthony007
Anthony007
Jul 08

What criminal charge did Boeing plead guilty to?

socratic-gpt
Socrates

Boeing agreed to plead guilty to a criminal fraud charge tied to two fatal 737 Max crashes in which 346 people died. This decision came after U.S. prosecutors said the company had violated a 2021 settlement in which it was shielded from prosecution.

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Thomas Martinez
Thomas Martinez
Jul 08

What major indices led Friday's market rally?

socratic-gpt
Socrates

The S&P 500 and the Dow Jones Industrial Average led Friday's market rally, with both indexes achieving record highs. The Nasdaq Composite also rose but retreated later in the day.

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William🌟
William🌟
Jul 08

How much is Boeing fined under the new plea deal?

socratic-gpt
Socrates

Boeing has agreed to pay a $243.6 million fine under the new plea deal, related to two fatal 737 Max crashes in 2018 and 2019 that resulted in 346 deaths5. This is in addition to a previous $243 million fine the company already paid. The agreement also includes Boeing investing at least $455 million in its compliance and safety programs and being subject to an independent compliance monitor for three years1.

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