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Boeing landed the $49 billion contract in 2011 to build the tankers based on 767 commercial jets. “The KC-46 is a top priority for the Boeing Company, and we have the best of Boeing working to ensure the U.S. Air Force gets their tankers as quickly as possible,” Boeing said. An Air Force spokeswoman said “We are working with Boeing to resolve deficiencies and move towards acceptance and delivery.” men sterling silver cufflinks uk online. Problems with the jet, which refuels other aircraft mid-air, revolved around the mechanism for delivering fuel and the operation of that device, known as a “boom”..
NEW YORK (Reuters) – U.S. stocks slid on Thursday, with the Nasdaq on the cusp of confirming bear market territory, as the Federal Reserve’s plan to continue its balance sheet reduction and the threat of a partial government shutdown fueled investor anxieties. At its session low, the Nasdaq had tumbled 2.85 percent, pushing the tech-heavy index more than 20 percent below its Aug men sterling silver cufflinks uk online. 29 closing high. The index, along with the Dow and the benchmark S&P 500, pared losses as the session continued. The Nasdaq ended down 19.5 percent from its closing high, just shy of confirming a bear market..
In evidence of the mounting bearish sentiment, U.S.-based stock mutual funds and exchange-traded funds are set for their worst month of net withdrawals on record, according to Lipper data released after Thursday’s market close. Investors pulled nearly $34.6 billion from U.S.-based stock funds in the most recent week. The Fed’s move on Wednesday to largely adhere to its plan for more rate hikes over the next two years and keep its balance sheet reduction plan on “autopilot” spooked investors already worried about slowing economic growth men sterling silver cufflinks uk online.
“This is primarily just a follow-through from yesterday’s selling,” said Michael O’Rourke, chief market strategist at JonesTrading in Greenwich, Connecticut. “The market is just upset about the whole aspect of balance sheet normalization.”. Adding to the gloom was the possibility of a partial U.S. government shutdown on Friday. President Donald Trump told Republican congressional leaders he will not sign a government funding bill because it fails to include enough funding for border security men sterling silver cufflinks uk online.
“For 2019, I suspected there was going to be antagonism between the House (of Representatives) and the White House,” said Brian Battle, director of trading at Performance Trust Capital Partners in Chicago men sterling silver cufflinks uk online. “This is only a partial government shutdown, but if (Trump) is going to be obstinate, that’s not a good sign for next year.”. The Dow Jones Industrial Average fell 464.06 points, or 1.99 percent, to 22,859.6, the S&P 500 lost 39.54 points, or 1.58 percent, to 2,467.42 and the Nasdaq Composite dropped 108.42 points, or 1.63 percent, to 6,528.41..