Why Are Stocks Down Today?

Stocks opened in the red to start the four-day trading week following a slew of mixed earnings reports. So why are stocks down today? Well, as states all over the country deal with a surprise cold front, Wall Street also seems to be cooling down a bit today. Indeed, both Dow Jones Industrial Average , S&P 500 and Nasdaq Composite are in the red this morning, down 0.45%, 0.1%, and 0.2%, respectively. It seems investors may be responding to Boeing’s (NYSE: BA ) recent downgrade from Wells Fargo to “equal weight” from “overweight,” the result of continued issues with its 737 Max 9 plane. BA stock is down about 6.5% at the time of…