Dow down nearly 200 points on losses in shares of Boeing, Salesforce Inc.

Dragged down by losses for shares of Boeing and Salesforce Inc., the Dow Jones Industrial Average is down Friday morning. Shares of Boeing
BA,
-2.85%
and Salesforce Inc.
CRM,
-3.07%
are contributing to the blue-chip gauge’s intraday decline, as the Dow
DJIA,
-0.79%
was most recently trading 195 points, or 0.6%, lower. Boeing’s shares have declined $3.92, or 2.3%, while those of Salesforce Inc. have dropped $4.20 (2.2%), combining for a roughly 54-point drag on the Dow. Also contributing significantly to the decline are Walt Disney
DIS,
-2.33%,
JPMorgan Chase
JPM,
-2.32%,
and Goldman Sachs
GS,
-1.66%.
A $1 move in any one of the 30 components of the index equates to a 6.59-point swing.

August 19, 2022 admin

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