Dow Today: Boeing (BA) Lower

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The Dow Jones Industrial Average ( ^DJI) is trading down 45.0 points (-0.3%) at 16,915 as of Monday, Jul 28, 2014, 10:36 a.m. ET. During this time, 66.3 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 305.5 million. The NYSE advances/declines ratio sits at 884 issues advancing vs. 1,976 declining with 220 unchanged.
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Holding back the Dow today is Boeing (NYSE: BA), which is lagging the broader Dow index with a 76-cent decline (-0.6%) bringing the stock to $122.44. This single loss is lowering the Dow Jones Industrial Average by 5.75 points or roughly accounting for 12.8% of the Dow's overall loss. Volume for Boeing currently sits at 1.6 million shares traded vs. an average daily trading volume of 3.8 million shares.

Boeing has a market cap of $89.64 billion and is part of the industrial goods sector and aerospace/defense industry. Shares are down 9.7% year-to-date as of Friday's close. The stock's dividend yield sits at 2.4%.

The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight, and launch systems and services worldwide.

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