February 24, 2023

Boeing, Microsoft share losses lead Dow's nearly 450-point fall

DOW UPDATE

The Dow Jones Industrial Average is seeing a selloff Friday afternoon with shares of Boeing and Microsoft delivering the stiffest headwinds for the blue-chip average. Shares of Boeing and Microsoft have contributed to the index’s intraday decline, as the Dow was most recently trading 443 points, or 1.3%, lower. Boeing’s shares have dropped $10.25 (4.9%) while those of Microsoft are down $6.10 (2.4%), combining for an approximately 108-point drag on the Dow. Other components contributing significantly to the decline include Apple Intel and Salesforce A $1 move in any one of the 30 components of the Dow equates to a 6.59-point swing.

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