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Dragged down by negative returns for shares of Boeing and Chevron, the Dow Jones Industrial Average is in a selloff Monday morning. Shares of Boeing BA and Chevron CVX have contributed to the index's intraday decline, as the Dow DJIA was most recently trading 546 points, or 1.7%, lower. Boeing's shares have declined $10.13, or 6.8%, while those of Chevron have fallen $8.14, or 4.8%, combining for an approximately 120-point drag on the Dow. Also contributing significantly to the decline are Visa V, Salesforce Inc. CRM, and Microsoft MSFT. A $1 move in any one of the 30 components of the Dow equates to a 6.59-point swing.
Data source: Dow Jones Market Data, FactSet. Data compiled May 9, 2022.
(END) Dow Jones Newswires
May 09, 2022 10:56 ET (14:56 GMT)
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