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Tuesday, October 4, 2022
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Dow drops 1,066 points on losses in Boeing, Intel shares

Shares of Boeing and Intel are retreating Tuesday afternoon, sending the Dow Jones Industrial Average into a slump. Shares of Boeing
BA,
-7.19%

and Intel
INTC,
-7.19%

have contributed to the index’s intraday decline, as the Dow
DJIA,
-3.94%

was most recently trading 1,066 points lower (-3.3%). Boeing’s shares are down $9.76 (6.2%) while those of Intel have declined $1.88 (5.9%), combining for an approximately 77-point drag on the Dow. Also contributing significantly to the decline are Home Depot
HD,
-6.59%
,
Dow Inc.
DOW,
-6.01%
,
and Apple Inc.
AAPL,
-5.87%
.
A $1 move in any of the index’s 30 components equates to a 6.59-point swing.

Source

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