Dow drops 268 points on losses in shares of Boeing, American Express

The Dow Jones Industrial Average is trading down Thursday morning with shares of Boeing and American Express delivering the stiffest headwinds for the index. Shares of Boeing
BA,
-5.44%

and American Express
AXP,
-2.43%

are contributing to the blue-chip gauge’s intraday decline, as the Dow
DJIA,
-0.46%

was most recently trading 268 points (0.9%) lower. Boeing’s shares are off $6.94 (4.3%) while those of American Express are down $4.21 (2.8%), combining for an approximately 73-point drag on the Dow. Other components contributing significantly to the decline include Dow Inc.
DOW,
-1.92%
,
Salesforce Inc.
CRM,
-2.75%
,
and Nike
NKE,
-2.10%
.
A $1 move in any one of the 30 components of the Dow results in a 6.59-point swing.

Leave a Reply

Your email address will not be published. Required fields are marked *