Boeing, JPMorgan Chase Share Losses Contribute To Dow's Nearly 500-point Fall
This article was automatically generated by MarketWatch using technology from Automated Insights.
Dragged down by losses for shares of Boeing and JPMorgan Chase, the Dow Jones Industrial Average is in selloff mode Wednesday morning. The Dow was most recently trading 495 points lower (-1.5%), as shares of Boeing (BA) and JPMorgan Chase (JPM) are contributing to the blue-chip gauge's intraday decline. Boeing's shares have fallen $10.74, or 5.2%, while those of JPMorgan Chase have fallen $5.94 (4.4%), combining for an approximately 110-point drag on the Dow. Also contributing significantly to the decline are Goldman Sachs (GS), Caterpillar (CAT), and Travelers (TRV). A $1 move in any one of the 30 components of the index equates to a 6.59-point swing.
Data source: Dow Jones Market Data, FactSet. Data compiled March 15, 2023.
This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
March 15, 2023 11:47 ET (15:47 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.