On Tuesday morning, the Dow Jones Industrial Average experienced a significant decline, dropping 276 points, or 0.7%. This downturn was primarily driven by substantial losses in shares of Johnson & Johnson and Boeing. Johnson & Johnson’s stock fell by $8.48 (5.1%), while Boeing’s shares decreased by $4.37 (2.6%), together contributing approximately 79 points to the Dow’s drop. Additional declines in companies such as Merck, Caterpillar, and Goldman Sachs further pressured the index. In the Dow, a $1 change in the share price of any of its 30 components translates to a 6.15-point shift in the overall index.
Dow Jones Drops 276 Points Amid Johnson & Johnson and Boeing Declines

0 Comments