Boeing, American Express Share Losses Contribute To Dow's 240-point Drop
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Shares of Boeing and American Express are posting losses Thursday morning, sending the Dow Jones Industrial Average into negative territory. Shares of Boeing BA and American Express AXP are contributing to the index's intraday decline, as the Dow DJIA was most recently trading 240 points (0.8%) lower. Boeing's shares have dropped $4.73 (3.7%) while those of American Express are down $4.82, or 3.0%, combining for an approximately 63-point drag on the Dow. Apple Inc. AAPL, Walt Disney DIS, and Visa V are also contributing significantly to the decline. A $1 move in any one of the 30 components of the Dow results in a 6.59-point swing.
Data source: Dow Jones Market Data, FactSet. Data compiled May 12, 2022.
(END) Dow Jones Newswires
May 12, 2022 11:52 ET (15:52 GMT)
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