Boeing Union Contract Dispute Weighs on Stock as Cryptocurrency Markets Hold Steady

Boeing's labor struggles took center stage in traditional markets Friday as the aerospace giant's stock dipped following a union contract dispute. The International Association of Machinists and Aerospace Workers approved a four-year agreement by a 90% margin, but Boeing management dismissed the vote as a "publicity stunt," creating fresh uncertainty about production timelines.

While industrial stocks faced headwinds, cryptocurrency markets showed resilience. Major digital assets including BTC, ETH, and SOL maintained stable trading ranges across exchanges like Binance and Coinbase. The decoupling from traditional market movements underscores crypto's evolving role as an independent asset class.

Market observers noted muted reaction in crypto derivatives markets, with open interest remaining steady on platforms like Bybit and Bitget. The lack of volatility suggests traders remain focused on macroeconomic indicators rather than sector-specific industrial news.