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Boeing's Sh5.5tr rally put to test after Ethiopia crash

The wreckage of the ill fated Ethiopian Airlines Boeing 737 Max 8 aircraft near Bishoftu.[Reuters]

News of a Boeing Company’s 737 Max crash operated by Ethiopian Airlines is bringing out equity bears.

Futures contracts on the Dow Jones Industrial Average Index - where Boeing has the largest weighting - slid as much as 0.7 per cent yesterday after Flight ET302 plunged to the ground minutes after leaving Addis Ababa en route to Nairobi, Kenya, killing all 157 people on board.

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