Boeing, Salesforce Inc. share losses lead Dow's nearly 650-point drop
Posted On June 13, 2022
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Shares of Boeing and Salesforce Inc. are posting losses Monday afternoon, propelling the Dow Jones Industrial Average into a slump. Shares of Boeing BA, -8.68% and Salesforce Inc. CRM, -6.32% are contributing to the blue-chip gauge’s intraday decline, as the Dow DJIA, -2.24% was most recently trading 647 points lower (-2.1%). Boeing’s shares are off $10.77 (8.5%) while those of Salesforce Inc. have declined $10.95 (6.1%), combining for an approximately 143-point drag on the Dow. Dow Inc. DOW, -4.88%, American Express AXP, -4.66%, and Nike NKE, -3.80% are also contributing significantly to the decline. A $1 move in any one of the 30 components of the Dow equates to a 6.59-point swing.