Dow Drops 589 Points On Losses For Boeing, IBM Shares

Dow Jones12-30 22:45

DJ Dow Drops 589 Points On Losses For Boeing, IBM Shares

This article was automatically generated by MarketWatch using technology from Automated Insights.

Dragged down by negative returns for shares of Boeing and IBM, the Dow Jones Industrial Average is in a selloff Monday morning.

The Dow (Dow Jones Industrial Average) was most recently trading 589 points, or 1.4%, lower, as shares of Boeing (Boeing Co.) and IBM (International Business Machines Corp.) have contributed to the blue-chip gauge's intraday decline.

Boeing's shares are off $8.01 (4.4%) while those of IBM have fallen $3.94, or 1.8%, combining for a roughly 73-point drag on the Dow.

Also contributing significantly to the decline are undefined (Amazon.com Inc.), Apple (Apple Inc.), and American Express (American Express Co.).

A $1 move in any of the Dow's 30 components results in a 6.15-point swing.

Data source: Dow Jones Market Data, FactSet. Data compiled December 30, 2024.

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

December 30, 2024 09:45 ET (14:45 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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Data compiled December 30, 2024. \n\n\n     This content was created by MarketWatch, which is operated by Dow Jones & Co. 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