Dow Jones Drops as Apple Plans Electric Car, Boeing Secures 737 MAX Order

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The Dow Jones Industrial Average (DJINDICES: ^DJI) was down 0.3% by 1:20 p.m. Tuesday as consumer confidence wavered in the face of a surging pandemic. The Conference Board reported a decline in consumer confidence for December, driven in part by vacation intentions being reined in as cases of COVID-19 soar.

Apple (NASDAQ: AAPL) stock managed to rise on Tuesday as investors reacted to a report suggesting the tech giant is working on a consumer vehicle set for a 2024 launch. Shares of Boeing (NYSE: BA) were also up after the company secured a significant order for its 737 MAX planes.

Image source: Getty Images.

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