In This Article:
US stocks (^GSPC, ^IXIC, ^DJI) extended declines from Monday's tech rout, with the Dow Jones Industrial dropping over 600 points.
Disney (DIS) shares face pressure due to cautious airline guidance, marking its biggest intraday fall since May.
Meanwhile Boeing (BA) received a boost as Fitch highlighted its progress post-strike. Shares of Asana (ASAN) sank after CEO Dustin Moskovitz announced his retirement plans.
Watch the video above to hear Yahoo Finance's Julie Hyman highlights these market movements in today's update.
Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute.
This post was written by Josh Lynch
It's time for Yahoo! Finance's market minute. U.S. stocks extend declines from Monday's steep tech route, with the Dow falling over 600 points. Shares of Disney under pressure as cautious guidance from airlines weighs on the travel sector. Disney stock seeing its biggest intraday fall since May of last year. Boeing though, getting a boost as global ratings agency Fitch says the company continues to stabilize operations. Fitch highlighting Boeing made early progress in resuming its production post-strike, reducing legacy inventory and managing supply chains. And shares of Asana sinking, as CEO Dustin Moskovitz announces his intention to retire. Moskovitz intends to maintain his significant shareholdings in Asana and transition to the role of chair when a new CEO begins. And that's your Yahoo! Finance market minute for