Nike, Boeing Share Losses Contribute To Dow's 129-point Drop
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The Dow Jones Industrial Average is down Wednesday afternoon with shares of Nike and Boeing delivering the stiffest headwinds for the index. The Dow was most recently trading 129 points (0.4%) lower, as shares of Nike (NKE) and Boeing (BA) have contributed to the blue-chip gauge's intraday decline. Nike's shares have declined $4.42 (3.5%) while those of Boeing have dropped $5.50 (2.7%), combining for a roughly 65-point drag on the Dow. Also contributing significantly to the decline are Travelers (TRV), Walgreens Boots (WBA), and Cisco (CSCO). 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 22, 2023.
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March 22, 2023 15:03 ET (19:03 GMT)
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