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Shares of Boeing and Chevron are retreating Monday afternoon, propelling the Dow Jones Industrial Average selloff. The Dow DJIA was most recently trading 540 points, or 1.6%, lower, as shares of Boeing BA and Chevron CVX are contributing to the blue-chip gauge's intraday decline. Boeing's shares are down $12.08 (8.1%) while those of Chevron have dropped $10.37, or 6.1%, combining for an approximately 148-point drag on the Dow. Also contributing significantly to the decline are Visa V, Caterpillar CAT, and American Express AXP. A $1 move in any of the Dow's 30 components 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 13:08 ET (17:08 GMT)
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