The Dow Jones Industrial Average is seeing a selloff Tuesday afternoon with shares of Boeing and American Express facing the biggest declines for the blue-chip average.
Boeing’s loss per share was $5.46 per share, well above the $3.08 loss that Wall Street analysts expected, according to the data firm FactSet. The fourth quarter caps a rough year for Boeing.
Shares of Boeing and American Express are trading lower Tuesday afternoon, propelling the Dow Jones Industrial Average selloff.
Fourth-quarter revenue is forecast to come in at $15.2 billion, down from $22.02 billion last year and missing the $16.56 billion expected by Wall Street, according to FactSet. Boeing said its ...