Negative returns for Boeing and Dow contribute to market decline

  • Boeing and Dow shares lead to a 284-point drop in the Dow Jones Industrial Average
  • Boeing’s shares are down 2.5% while Dow’s shares are down 1.8%
  • Goldman Sachs, Apple, and Verizon also contribute to the decline
  • Each $1 move in any of the Dow’s 30 components results in a 6.59-point swing

The Dow Jones Industrial Average is experiencing a significant drop, with Boeing and Dow shares leading the decline. Boeing’s shares are down 2.5%, while Dow’s shares are down 1.8%, resulting in a 44-point drag on the Dow. Additionally, Goldman Sachs, Apple, and Verizon are also contributing to the market decline. It’s important to note that each $1 move in any of the Dow’s 30 components equates to a 6.59-point swing. This market downturn highlights the impact of negative returns for Boeing and Dow on the overall market performance.

Public Companies: Boeing (BA), Dow (DOW), Goldman Sachs (GS), Apple (AAPL), Verizon (VZ)
Private Companies:
Key People:

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Factuality Level: 8
Justification: The article provides factual information about the decline of the Dow Jones Industrial Average and the contributing factors, such as the negative returns for shares of Boeing and Dow. The information is based on data from Dow Jones and FactSet, which adds to its credibility. However, the article does contain some unnecessary background information and repetitive details about the decline of individual stocks, which slightly lowers its factuality level.

Noise Level: 2
Justification: The article provides factual information about the decline of the Dow Jones Industrial Average and the contributing factors. It includes specific data on the performance of Boeing, Dow, Goldman Sachs, Apple, and Verizon. The article does not contain irrelevant or misleading information, and it stays on topic without diving into unrelated territories. However, it lacks thoughtful analysis, antifragility considerations, and accountability of powerful people. It also does not provide actionable insights or solutions.

Financial Relevance: Yes
Financial Markets Impacted: The article provides information about the Dow Jones Industrial Average falling due to negative returns for shares of Boeing and Dow, as well as the contributions of other companies like Goldman Sachs, Apple, and Verizon.

Presence of Extreme Event: No
Nature of Extreme Event: No
Impact Rating of the Extreme Event: No
Justification: The article pertains to financial topics as it discusses the decline of the Dow Jones Industrial Average and the impact of specific companies on the index. However, there is no mention of an extreme event or any rating of its impact.

Reported publicly: www.marketwatch.com