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VIX Spikes 8% As Stocks Sink; Bonds, Gold Rise On Growth Concerns; Meme Stocks Roar, Peso Plummets: What’s Driving Markets Monday?

All major U.S. equity indices opened the week with losses, as traders shifted to safe-haven bonds and gold amid concerns affecting the health of the U.S. manufacturing activity.

AMC

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Why Is Boeing Stock Soaring On Monday?

Boeing shares rise as executives likely avoid criminal charges over 2018-2019 crashes, according to a U.S. Justice Department report. Despite violating a deferred prosecution agreement, Boeing has until June 13 to respond to findings. The Department will decide on further actions by July 7, which could include extending the agreement, a new DPA, or a non-prosecution deal.

ALK