After Thursday’s 724-point drubbing, the Dow Jones Industrial Average is now down 4.3% this month. The S&P 500 Index is up slightly so far in March.
The Dow is on pace for its worst March performance since 2001.
The worst performer this month among the 30 Dow Jones Industrial Average DJIA, -2.93% components is Boeing Co. BA, -5.19% down 11.9% for March, following a 5.3% decline Thursday. Boeing CEO Dennis Muilenburg was among 22 chief executives of Dow companies who criticized President Trump’s announcement of tariffs to be placed on up to $60 billion of products imported into the U.S. from China.
Aerospace is one of the industries that could be affected by retaliation in a potential trade war with China.
All 30 Dow components fell Thursday. Here’s how they have performed so far this month, from worst to best (excluding dividends):
| Company | Ticker | Price change - March 22 | Price change- Feb. 28 through March 22 | Price change - 2018 through March 22 | Price change - 2017 |
| Boeing Co. | BA, -5.19% | -5.3% | -11.9% | 8.2% | 89.4% |
| United Technologies Corp. | UTX, -2.31% | -2.1% | -7.7% | -2.5% | 16.4% |
| DowDuPont Inc. | DWDP, -2.68% | -2.6% | -6.6% | -7.8% | 24.5% |
| American Express Co. | AXP, -3.51% | -3.5% | -6.2% | -7.9% | 34.1% |
| 3M Co. | MMM, -4.69% | -4.8% | -5.3% | -5.3% | 31.8% |
| General Electric Co. | GE, -3.82% | -3.7% | -5.3% | -23.4% | -44.8% |
| Apple Inc. | AAPL, -1.41% | -1.4% | -5.2% | -0.2% | 46.1% |
| Caterpillar Inc. | CAT, -5.71% | -5.8% | -5.1% | -6.9% | 69.9% |
| JPMorgan Chase & Co. | JPM, -4.17% | -4.1% | -4.8% | 2.9% | 23.9% |
| UnitedHealth Group Inc. | UNH, -3.42% | -3.3% | -4.7% | -2.2% | 37.8% |
| Microsoft Corp. | MSFT, -2.91% | -2.8% | -4.2% | 5.1% | 37.7% |
| Nike Inc. Class B | NKE, -2.91% | -3.0% | -3.9% | 2.9% | 23.1% |
| Home Depot Inc. | HD, -1.53% | -1.5% | -3.8% | -7.5% | 41.4% |
| Cisco Systems Inc. | CSCO, -2.80% | -2.8% | -3.8% | 12.5% | 26.7% |
| Goldman Sachs Group Inc. | GS, -3.53% | -3.3% | -3.7% | -0.6% | 6.4% |
| Walmart Inc. | WMT, -1.18% | -1.0% | -3.0% | -11.6% | 42.9% |
| Exxon Mobil Corp. | XOM, -2.05% | -2.1% | -3.0% | -12.1% | -7.3% |
| Procter & Gamble Co. | PG, -0.82% | -0.7% | -2.6% | -16.8% | 9.3% |
| Walt Disney Co. | DIS, -1.20% | -1.3% | -2.5% | -6.5% | 3.2% |
| International Business Machines Corp. | IBM, -2.94% | -2.9% | -2.4% | -0.9% | -7.6% |
| Visa Inc. Class A | V, -2.62% | -2.6% | -2.3% | 5.3% | 46.1% |
| Pfizer Inc. | PFE, -1.85% | -1.9% | -2.1% | -1.8% | 11.5% |
| Verizon Communications Inc. | VZ, -0.85% | -0.9% | -1.9% | -11.5% | -0.8% |
| Johnson & Johnson | JNJ, -2.90% | -2.8% | -1.8% | -8.7% | 21.3% |
| Coca-Cola Co. | KO, -0.56% | -0.5% | -1.0% | -6.7% | 10.7% |
| McDonald's Corp. | MCD, -1.02% | -1.1% | -0.5% | -8.8% | 41.4% |
| Travelers Cos. | TRV, -2.09% | -2.0% | -0.5% | 1.9% | 10.8% |
| Merck & Co. | MRK, -1.04% | -1.0% | -0.2% | -3.8% | -4.4% |
| Chevron Corp. | CVX, -2.85% | -2.9% | 1.6% | -9.2% | 6.4% |
| Intel Corp. | INTC, -1.42% | -1.3% | 3.3% | 10.3% | 27.3% |
| Source: FactSet | |||||
Among the Dow 30, only Chevron Corp. CVX, -2.85% and Intel Corp. INTC, -1.42% have seen their shares rise in March.
The broader market
All 11 sectors of the S&P 500 SPX, -2.52% were down except for utilities, which were up slightly. Here’s how the sectors of the S&P have performed in March, in ascending order and excluding dividends:
| S&P 500 Sector | Price change - March 22 | Price change - Feb. 28 through March 22 | Price change - 2018 through March 22 | Price change - 2017 |
| Financials | -3.7% | -4.1% | -1.0% | 20.0% |
| Information Technology | -2.7% | -2.9% | 4.3% | 36.9% |
| Consumer Discretionary | -2.1% | -1.6% | 3.6% | 21.2% |
| Industrials | -3.3% | -3.4% | -2.6% | 18.5% |
| Telecommunications | -1.4% | -2.5% | -10.0% | -6.0% |
| Health Care | -2.9% | -3.0% | -1.5% | 20.0% |
| Materials | -3.0% | -4.0% | -5.5% | 21.4% |
| Real Estate | -0.4% | 1.7% | -7.3% | 7.2% |
| Energy | -2.0% | 1.1% | -7.0% | -3.8% |
| Consumer Staples | -0.8% | -3.5% | -9.8% | 10.5% |
| Utilities | 0.4% | 1.8% | -5.6% | 8.3% |
| Source: FactSet | ||||
The worst S&P 500 performer on Thursday was AbbVie Inc. ABBV, -12.76% after disappointing trial results for a drug under development that the company paid $5.8 billion to acquire. And the footnotes of AbbVie’s announcement made the news look even worse for the company, not to mention its shareholders.
Here are the 10 S&P 500 companies with the worst price declines this month:
| Company | Ticker | Industry | Price change - March 22 | Price change - Feb. 28 through March 22 | Price change - 2018 through March 22 | Price change - 2017 |
| L Brands Inc. | LB, -2.69% | Apparel/ Footwear Retail | -2.7% | -22.2% | -36.3% | -8.5% |
| Mattel Inc. | MAT, +0.78% | Recreational Products | 0.8% | -18.9% | -16.1% | -44.2% |
| Cigna Corp. | CI, -1.02% | Managed Health Care | -1.0% | -15.6% | -18.6% | 52.3% |
| AbbVie Inc. | ABBV, -12.76% | Pharmaceuticals: Major | -12.8% | -15.3% | 1.4% | 54.4% |
| Qualcomm Inc. | QCOM, -2.17% | Telecommunications Equipment | -2.2% | -14.5% | -13.2% | -1.8% |
| Kroger Co. | KR, -0.26% | Food Retail | -0.3% | -13.8% | -14.8% | -20.5% |
| International Paper Co. | IP, -3.96% | Containers/ Packaging | -4.0% | -13.7% | -11.3% | 9.2% |
| Discovery Communications Inc. Class C | DISCK, -3.02% | Movies/ Entertainment | -3.0% | -13.5% | -6.1% | -20.9% |
| General Mills Inc. | GIS, -2.33% | Food: Major Diversified | -2.3% | -12.1% | -25.0% | -4.0% |
| Boeing Co. | BA, -5.19% | Aerospace & Defense | -5.2% | -11.8% | 8.4% | 89.4% |
| Source: FactSet | ||||||
Despite a decline of 2.7% for Facebook Inc. FB, -2.66% on Thursday, making for a 10.3% drop from a week earlier, the shares were down “only” 7.5% for March. The social-media company is fighting the biggest scandal of its life.
Read: What Facebook investors should take away from Mark Zuckerberg’s comments
Here are the 10 S&P 500 companies whose shares have risen the most so far in March:
| Company | Ticker | Industry | Price change - March 22 | Price change - Feb. 28 through March 22 | Price change - 2018 through March 22 | Price change - 2017 |
| XL Group Ltd | XL, -0.07% | Multi-Line Insurance | -0.1% | 30.8% | 57.4% | -5.6% |
| Micron Technology Inc. | MU, -3.52% | Semiconductors | -3.5% | 20.7% | 43.3% | 87.6% |
| Nektar Therapeutics | NKTR, -2.71% | Biotechnology | -2.7% | 20.2% | 74.2% | 386.7% |
| NRG Energy Inc. | NRG, +0.36% | Electric Utilities | 0.4% | 17.2% | 6.4% | 132.3% |
| Western Digital Corp. | WDC, -1.95% | Computer Peripherals | -2.0% | 15.8% | 26.8% | 17.0% |
| Marathon Petroleum Corp. | MPC, -0.33% | Oil Refining/ Marketing | -0.3% | 13.9% | 10.6% | 31.0% |
| Range Resources Corp. | RRC, -1.75% | Oil & Gas Production | -1.8% | 13.8% | -11.3% | -50.3% |
| Baker Hughes, a GE Co. Class A | BHGE, -3.81% | Oilfield Services/ Equipment | -3.8% | 12.8% | -5.9% | -51.3% |
| Andeavor | ANDV, -1.44% | Oil Refining/ Marketing | -1.4% | 12.6% | -11.7% | 30.7% |
| Lam Research Corp. | LRCX, -4.22% | Electronic Production Equipment | -4.2% | 12.0% | 16.7% | 74.1% |
| Source: FactSet | ||||||
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