Dow's 637-point Drop Led By Losses In Shares Of Boeing, Caterpillar
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Boeing and Caterpillar are trading lower Wednesday afternoon, leading the Dow Jones Industrial Average selloff. The Dow was most recently trading 637 points lower (-2.0%), as shares of Boeing (BA) and Caterpillar (CAT) have contributed to the index's intraday decline. Boeing's shares have declined $13.31, or 6.4%, while those of Caterpillar have fallen $12.28 (5.4%), combining for an approximately 169-point drag on the Dow. Other components contributing significantly to the decline include JPMorgan Chase (JPM), Chevron (CVX), and Goldman Sachs (GS). 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 12:48 ET (16:48 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.