Global Stock Markets Show Mixed Performance; Boeing Faces Continued Challenges

Asian shares fall while Tokyo hits 34-year high, U.S. shares set to drift lower, and Boeing's stock struggles amidst manufacturing defects.

Asian shares mostly fell after a decline overnight on Wall Street, while Tokyo’s main benchmark hit a new 34-year high.
U.S. shares were set to drift lower with Dow futures down 0.3% at 37,429.00. S&P 500 futures fell 0.5% to 4,775.25.
Official Chinese data released Wednesday showed that the Chinese economy grew 5.2% for 2023, surpassing the government's target of 'about 5%'.
Companies across the S&P 500 are likely to report meager growth in profits for the fourth quarter from a year earlier, if any, if Wall Street analysts’ forecasts are to be believed.
Boeing stock, still dealing with manufacturing defects in its 737 MAX 9 series of passenger jets, has dropped below its 200-day moving average, a key technical level and a sign of the stock's severe near-term weakness.