All 30 stocks in the Dow Jones Industrial Average are down as the index slumps again a day after it closed in a bear market for the first time in more than a decade
NEW YORK — The Latest on the action in the financial markets (all times local):
11:20 a.m.
All 30 stocks in the Dow Jones Industrial Average are down as the index slumps again a day after it closed in a bear market for the first time in more than a decade.
Boeing is leading the rout. The airplane maker plunged 12.1% as it faces cancelled orders and other financial damage because of the virus outbreak’s impact on airlines. Travel had dropped off sharply even before Presidential Donald Trump placed restrictions on travel to the U.S. from Europe.
Home Depot, the nation’s largest home improvement retailer, slumped 9.4%.
Apple, the world’s best-known technology company, shed 6.9%. It has been facing supply chain and sales disruptions since the virus hit China. Still, Apple is holding…
Source news reuters.com, click here to read the full news.
