All 30 components of the Dow Jones Industrial Average
are losing ground in morning trade Thursday, with just three of the components accounting for more than one-third of the Dow’s 490-point loss, enough to push the blue-chip barometer into negative territory for the year. The biggest drag was Boeing Co.’s
with the shares shedding 4.5%, and the $15.48 price decline subtracting about 105 points from the Dow’s price. Next is UnitedHealth Group Inc.
with the shares down $7.29, or 2.6%, to shave about 49 points off the Dow; Apple Inc.’s stock
was the third biggest drag, as it fell $5.06, or 2.9%, to knock about 34 points off the Dow. The Dow has now slipped 0.6% year to date, while the S&P 500
has lost 0.7% and the Nasdaq Composite
has gained 2.4%.
Have breaking news sent to your inbox. Subscribe to MarketWatch’s free Bulletin emails. Sign up here.