3M, Boeing Share Losses Contribute To Dow's 150-point Fall
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The Dow Jones Industrial Average is falling Wednesday afternoon with shares of 3M and Boeing seeing the biggest declines for the blue-chip average. Shares of 3M (MMM) and Boeing (BA) have contributed to the blue-chip gauge's intraday decline, as the Dow was most recently trading 151 points (0.5%) lower. 3M's shares are off $3.04 (3.0%) while those of Boeing are down $3.76 (1.9%), combining for a roughly 45-point drag on the Dow. Also contributing significantly to the decline are Walgreens Boots (WBA), Intel (INTC), and IBM (IBM). A $1 move in any of the Dow's 30 components results in a 6.59-point swing.
Data source: Dow Jones Market Data, FactSet. Data compiled May 24, 2023.
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May 24, 2023 15:21 ET (19:21 GMT)
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