Dow Today: Boeing (BA) Lower

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The Dow Jones Industrial Average ( ^DJI) is trading down 97.0 points (-0.6%) at 16,466 as of Friday, Aug 1, 2014, 12:36 p.m. ET. During this time, 188 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 303.2 million. The NYSE advances/declines ratio sits at 828 issues advancing vs. 2,201 declining with 119 unchanged.
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Holding back the Dow today is Boeing (NYSE: BA), which is lagging the broader Dow index with a 55-cent decline (-0.5%) bringing the stock to $119.93. This single loss is lowering the Dow Jones Industrial Average by 4.16 points or roughly accounting for 4.3% of the Dow's overall loss. Volume for Boeing currently sits at 3.2 million shares traded vs. an average daily trading volume of 3.9 million shares.

Boeing has a market cap of $88.12 billion and is part of the industrial goods sector and aerospace/defense industry. Shares are down 11.7% year-to-date as of Thursday'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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