Midday Movers: Boeing Tumbles on Safety Inspections, Synopsys Rises on Ansys Deal

Key TakeawaysU.S. equities kicked off the shortened trading week lower at midday on Tuesday, Jan. 16, 2024 as bond yields rose.Boeing shares sank after saying it would add additional quality inspections of its 737 Max jet and a downgrade from Wells Fargo.Shares of semiconductor design and software firm Synopsys gained after announcing its purchase of engineering software and services company Ansys for $35 billion.U.S. equities started the shortened trading week lower at midday as the yield on the 10-year Tr ...