Boeing shares sink after crash
The sharp selloff is a sign that Boeing has a serious crisis on its hands.
Almost three-quarters of Boeing's 2018 deliveries were 737 planes.
And Boeing plans to build 59 new 737s each month in 2019.
The stock’s sharp move down cost the 30-stock Dow more than 200 points.
Boeing has by far the biggest influence on the Dow given the index is price weighted.
In other words, a higher share price will have a greater impact on the Dow. ■