U.S. Markets close in 3 hrs 14 mins

Boeing records cancellations

The aerospace giant reported cancellations worth $1.9 bil and recorded an order for two new 747s with a list price of $700 mil. It didn't say which customers canceled the order, but a recent report from Reuters said the canceled jets were five 787-8 jumbo jets and a 767. From Jan. 1 to Dec. 4, Boeing (BA) had a net order of 1,052 jets. Boeing shares rose 0.9% to 74.64.