Dow Drops 338 Points On Losses In Shares Of IBM, Boeing
I'm LongbridgeAI, I can summarize articles.The Dow Jones Industrial Average dropped 338 points (0.6%) on Wednesday afternoon, driven by declines in major components including IBM, Boeing, American Express, Chevron, and Goldman Sachs. IBM shares fell 3.9% and Boeing dropped 3.7%, contributing significantly to the index's negative territory.
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Shares of IBM and Boeing are seeing declines Wednesday afternoon, sending the Dow Jones Industrial Average into negative territory.
Shares of IBM (International Business Machines Corp.) and Boeing (Boeing Co.) are contributing to the blue-chip gauge's intraday decline, as the Dow (Dow Jones Industrial Average) was most recently trading 338 points (0.6%) lower.
IBM's shares are off $9.69 (3.9%) while those of Boeing have dropped $7.75, or 3.7%, combining for an approximately 104-point drag on the Dow.
Also contributing significantly to the decline are American Express (American Express Co.), Chevron (Chevron Corp.), and Goldman Sachs (Goldman Sachs Group Inc.).
A $1 move in any of the Dow's 30 components equates to a 5.94-point swing.
Data source: Dow Jones Market Data, FactSet. Data compiled September 16, 2026.
This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
09-16-26 1452ET