America's big aircraft maker may soon get a reprieve, plus Autodesk and the Hewlett Packards report earnings.
News & Analysis: Boeing
The stock market gave up ground on Wednesday morning.
The two aerospace giants' order backlogs both shrunk in the first four months of 2019.
The first privately built spacecraft to carry a mannequin to ISS blew up in Florida last month, and won't be making a return trip.
Stocks took a beating thanks to China trade worries, with Boeing falling on further 737 MAX concerns and Teva Pharmaceutical and other generic-drug makers tumbling after getting sued.
Returning the 737 MAX into service remains the key priority in 2019.
The aircraft manufacturing giant can't risk running low on cash if it takes longer than expected to get the 737 MAX back in the air.
Boeing posted double-digit declines in core earnings per share and free cash flow last quarter, and the impact of the Boeing 737 MAX grounding will be much worse in the second quarter.
BA earnings call for the period ending March 31, 2019.
Stocks didn't move much on Wednesday morning.