Stock market opens higher but Boeing's stock caps Dow's advance as investors watch G-20

U.S. stock benchmarks on Thursday were trading modestly higher as a trade meeting between President Donald Trump and China’s leader Xi Jinping was set to get under way. A stumble in shares of Boeing Co. BA, -0.87% on reports that additional computer issues with the aeronautics and defense contractor’s controversial 737 MAX fleet was dragging down the broader market. The Dow Jones Industrial Average DJIA, +0.94% was flat at 26,548, the S&P 500 index SPX, +1.08% climbed 0.3% at 2,922, while the Nasdaq Composite Index COMP, +1.59% advanced 0.5% at 26,537. HealthEquity Inc. HQY, -0.98% is buying WageWorks Inc. WAGE, +0.18% in a deal the companies are valuing at about $2 billion. In economic reports, a final reading of gross domestic product for the first quarter showed that growth remained at a strong 3.1% annual rate, while initial jobless claims, a proxy were a seasonally adjusted 227,000 in the week ended June 22, up 10,000 from the week before, the Labor Department said.

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The S&P 500 halts a four-day slump but the Dow marks its longest skid since March.

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