Investing.com -- Major market indexes closed lower due to light trading on Wednesday, the first day of winter in the U.S. After the close of markets, President-elect Trump announced that he had met with the CEOs of Lockheed-Martin and Boeing Corp., and secured deals to slash the cost overruns for those aircraft.
As of about 2:15 p.m. Eastern, the Dow was trading at 19,959.20, down 0.08%. But the DJIA closed at 19,942.40 for the day, down 32.66 points.
Earlier in the day, the S&P 500 index was at 2,268.33, down 0.11%. The Nasdaq index was also dipping, at 5,478.49, a decline of 0.10% from the close yesterday. The S&P closed down at 2265.18, down 5.58 points, and the Nasdaq closed down too at 5471.43, down 12.51 points.
The landmark 20,000.00 Dow index figure remained elusive on intraday trading.
Shares of Bitcoin exceeded $800 for the first time in 36 months.
The Dow utilities index was down, as was the Dow transportation index, for the day on Wednesday.
The overall bull market is, however, expected to last through 2017, and perhaps longer, as one analyst is saying that it could span the better part of a decade like the Dow during the Roaring 1920s era.
President-elect Trump met with the CEOs of Lockheed Corp. and Boeing Corp., a fact which was announced just as the markets were closing today, at his vacation resort in Florida.
The CEO of Boeing (NYSE:BA) changed the story he was telling Washington and Wall Street after the meeting with Trump this afternoon, telling reporters on the steps of Trump's resort home that the new Air Force One aircraft fleet being built for the White House will cost only "$4.2 billion," Investing.com is reporting. This is a decrease in price, and reduction in cost-overruns, which were reported to analysts earlier by the defense giant.
Trump's polling numbers have soared since the election as voters apparently like how he is handling the transition and dealing with U.S. corporations.