Stocks

U.S. stocks opened mostly higher on Wall Street Monday, although a steep drop in Boeing is weighing down the Dow Jones Industrial Average.

Attorneys are telling a federal judge that Tesla CEO Elon Musk should not be found in contempt because he didn't violate a securities fraud settlement.

The head of Indonesia's national transport safety agency says it will offer to assist the Ethiopian investigation into the crash of a Boeing 737 MAX 8 plane.

___ Boeing 737 Max 8s under scrutiny after Ethiopia crash HEJERE, Ethiopia (AP) — Airlines in Ethiopia, China, Indonesia and elsewhere have grounded the Boeing 737 Max 8 jetliner after the second devastating crash of one of the planes in five months.

Technology companies powered U.S. stocks to broad gains Monday, giving the benchmark S&P 500 index its biggest increase since late January.

The latest on developments in financial markets (all times local): 9:40 a.m.

Shares of the aeronautical giant had their biggest loss since Oct. 29, 2017.

Shares were mostly higher in Asia on Monday as investors awaited further developments in trade talks between the U.S. and China.

Levi Strauss plans to raise up to $587 million in an initial public offering of company shares.

The offer price of $125 per share represents a premium of 14 percent to Mellanox's Friday close.

The 145-year-old company intends to list as "LEVI" on the NYSE.

The price hikes will apply to the more expensive variants of Model 3, Model S and Model X.

China ordered Chinese airlines to ground all Boeing 737 MAX 8 planes after the crash.

Shares were mixed in Asia on Monday as investors awaited further developments in trade talks between the U.S. and China.

On Saturday, investors on Wall Street will celebrate the 10-year anniversary of the longest bull market in U.S. history

U.S. stocks fell Friday morning as signs piled up that the global economy is hitting the brakes, headlined by a surprisingly weak report on the U.S. job market.

Stocks closed lower on Wall Street Friday, leaving the benchmark S&P 500 index with its worst weekly showing since January and its eighth loss in the last nine days.

___ US adds just 20K jobs; unemployment dips to 3.8 pct.

The latest on developments in financial markets (all times local): ___ 9:35 a.m.

The decade-long bull market in stocks was fueled in no small part by the aggressive moves the Federal Reserve took after the 2008 financial crisis and the Great Recession to nurse the U.S. economy back to health.