It was a shaky day on Wall Street, but stocks did manage to end at a record for the second day in a row with just small gains. Indexes turned positive in the final moments of the day.
Fitbit Inc. (FIT) received a bounce on analyst confidence its Ionic watch could beat out sales of Apple Inc.'s (AAPL) new Apple Watch 3. Stifel analyst Jim Duffy sees a number of advantages for Ionic, including longer battery life, a cheaper price, and the ability to pair with non-iOS products.
iRobot Corp. (IRBT) shares slumped after Spruce Point Capital hit it with a STRONG SELL rating. Analysts are concerned vacuum company SharkNinja's competing product could take market share from iRobot's Roomba.
Boeing Co. (BA) plans to increase its production of 787 Dreamliner passenger jets to 14 a month in 2019. Boeing had previously put plans to raise production on hold to gauge demand.
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