Shares of Boeing Co. BA, -1.64% dropped 2.0% in morning trading, enough to pace the Dow Jones Industrial Average’s DJIA, +0.29% decliners, after the aerospace and defense giant said it flagged a potential electrical issue in certain 737 MAX jets. Boeing stock’s $5.15 price decline is shaving about 34 points off the Dow’s price, while the Dow rose 70 points, or 0.2%. The electrical issue has led Southwest Airlines Co. LUV, -0.64% to remove 30 737 MAX 8 aircraft that were affected by the notification, as The Wall Street Journal reported. Boeing shares have rallied 16.7% year to date, while the Dow has advanced 9.7%.
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