Dow's 50-point drop led by losses in shares of Walt Disney, Boeing
MarketWatch
1/21/2022
© Marketwatch
Video: Brenda Vingiello's 2022 stock picks: Disney, Boeing, Booking Holdings (CNBC)
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I think this rally has legs, says Anastasia Amoroso Anastasia Amoroso, iCapital chief investment strategist, and Jerome Schneider, PIMCO head of short-term portfolio management, join 'Closing Bell: Overtime' to discuss the state of the market rally.
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Consumer demand will weaken, says Joe Terranova Joe Terranova, Virtus Investment Partners, joins 'Closing Bell: Overtime' to discuss the state of the markets, the Fed and his stance on selling Walmart.
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Citi Global's Kristen Bitterly says she's adding high-quality stocks, including tech and healthcare Kristen Bitterly, Citi Global Wealth Management, joins 'Closing Bell' to discuss tech sector, and where she's putting money now.
Shares of Walt Disney and Boeing are trading lower Friday morning, sending the Dow Jones Industrial Average into negative territory. Shares of Walt Disney and Boeing have contributed to the blue-chip gauge's intraday decline, as the Dow was most recently trading 56 points, or 0.2%, lower. Walt Disney's shares have dropped $7.19 (4.9%) while those of Boeing are off $5.65 (2.6%), combining for an approximately 85-point drag on the Dow. Also contributing significantly to the decline are Cisco Visa and Merck A $1 move in any one of the 30 components of the index equates to a 6.59-point swing.
Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.
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