Boeing, JPMorgan Chase Share Losses Contribute To Dow's 550-point Drop
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The Dow Jones Industrial Average is in a selloff Wednesday afternoon with shares of Boeing and JPMorgan Chase seeing the biggest losses for the price-weighted average. The Dow was most recently trading 551 points, or 1.7%, lower, as shares of Boeing (BA) and JPMorgan Chase (JPM) have contributed to the index's intraday decline. Boeing's shares have declined $12.50, or 6.0%, while those of JPMorgan Chase have fallen $6.82, or 5.1%, combining for an approximately 127-point drag on the Dow. Caterpillar (CAT), Goldman Sachs (GS), and Chevron (CVX) are also contributing significantly to the decline. A $1 move in any one of the 30 components of the Dow equates to a 6.59-point swing.
Data source: Dow Jones Market Data, FactSet. Data compiled March 15, 2023.
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March 15, 2023 13:57 ET (17:57 GMT)
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