CSCO - Dow Jones Slumps 100 Points; Boeing Stock Lower After Fatal Crash; Cisco Fights to Close Acacia Merger
The Dow Jones Industrial Average (DJINDICES: ^DJI) was down about 0.37% at 2:20 p.m. Monday as political turmoil and a worsening pandemic collided with all-time highs. The House of Representatives introduced articles of impeachment on Monday charging President Trump with incitement of insurrection related to his actions leading up to the deadly riots at the U.S. Capitol last week.
Turning to individual stocks, shares of Boeing (NYSE: BA) were down following a fatal crash involving one of the company's older planes over the weekend. Meanwhile, Cisco Systems (NASDAQ: CSCO) stock rose after a court temporarily stopped Acacia Communications (NASDAQ: ACIA) from terminating its merger agreement.
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Dow Jones Slumps 100 Points; Boeing Stock Lower After Fatal Crash; Cisco Fights to Close Acacia Merger