Dow Down 470 Points On Losses For Shares Of Boeing, Apple Inc.
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Shares of Boeing and Apple Inc. are posting losses Thursday afternoon, propelling the Dow Jones Industrial Average selloff. The Dow DJIA was most recently trading 470 points (1.5%) lower, as shares of Boeing BA and Apple Inc. AAPL are contributing to the blue-chip gauge's intraday decline. Boeing's shares have fallen $7.24 (5.6%) while those of Apple Inc. have declined $6.20, or 4.2%, combining for a roughly 89-point drag on the Dow. Also contributing significantly to the decline are American Express AXP, Microsoft MSFT, and UnitedHealth UNH. A $1 move in any of the benchmark's 30 components 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 13:48 ET (17:48 GMT)
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