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Boeing Defense Union Rejects Latest Contract Offer, Shares Fall
Investors· 2025-09-12 20:43
Group 1 - Boeing's defense union in Missouri rejected the company's latest contract offer shortly after a tentative agreement was reached [1] - Boeing's stock experienced a decline as CEO Kelly Ortberg indicated that the certification process for the 777X plane is falling behind schedule [1][2] - The company is facing scrutiny as it navigates labor relations and certification challenges, which could impact its operational timeline and stock performance [1][2] Group 2 - The broader market context includes other Dow Jones components like Amazon and Tesla, which are also under observation for potential buy points [4] - The S&P 500 index has crossed 6,500 for the first time, indicating a bullish market environment despite Boeing's specific challenges [4]