Dow Tumbles Over 250 Points; Boeing Posts Q3 Loss

U.S. stocks traded lower this morning, with the Dow Jones index dipping more than 250 points on Wednesday.

Following the market opening Wednesday, the Dow traded down 0.63% to 42,654.26 while the NASDAQ fell 0.47% to 18,486.46. The S&P 500 also fell, dropping, 0.33% to 5,831.63.

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Leading and Lagging SectorsUtilities shares rose by 0.5% on Wednesday.

In trading on Wednesday, consumer discretionary shares fell by 0.9%.

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Boeing Co (NYSE:BA) reported a loss for the third quarter on Wednesday.

The company posted a 1% year-over-year revenue decline to $17.854 billion in the third quarter of 2024, missing the consensus of $17.931 billion. Adjusted loss per share expanded to $10.44 from $3.62 in the same quarter of 2023, missing the consensus of $10.34.

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