Dow falls 281 points on losses in shares of Boeing, Salesforce Inc.

The Dow Jones Industrial Average is declining Friday morning with shares of Boeing and Salesforce Inc. facing the biggest losses for the index. Shares of Boeing
BA,
-3.18%
and Salesforce Inc.
CRM,
-2.83%
have contributed to the blue-chip gauge’s intraday decline, as the Dow
DJIA,
-0.55%
was most recently trading 281 points, or 0.8%, lower. Boeing’s shares have dropped $5.17, or 3.1%, while those of Salesforce Inc. are down $5.76 (3.1%), combining for a roughly 72-point drag on the Dow. Other components contributing significantly to the decline include JPMorgan Chase
JPM,
-2.40%,
Walt Disney
DIS,
-1.90%,
and Intel
INTC,
-2.04%.
A $1 move in any one of the 30 components of the Dow equates to a 6.59-point swing.

August 19, 2022 admin

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