Stocks of Local Interest
International Rectifier: $20.83, down $0.35 or 1.65%
DirecTV Group: $24.25, down $0.96 or3.81%
Raytheon: $63.20, down $1.34 or 2.08%
Northrop Grumman: $78.24, down $1.55 or 1.94%
Boeing: $73.45, down $3.08 or 4.02%
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Story on Aerospace and Defense Stocks:
NEW YORK (AP) -- Shares of companies in aerospace and defense fell with the broader markets Wednesday, with Boeing Co. suffering the largest decline.
On Wednesday, the markets returned about two-thirds of their jump from the previous session. The Dow Jones industrial average, which climbed 420 points on Tuesday, fell 293 points, or 2.4 percent, to 12,099.66.
Shares of Chicago-based Boeing lost $3.08, or 4 percent, to $73.45 on reports that Boeing's 787 jet may be further delayed.
Precision Castparts Corp. of Portland, Ore., fell $5.36, or 5.3 percent, to $96.70.
Goodrich Corp. stock shed $2.12, or 3.4 percent, to $59.79. Goodrich is based in Charlotte, N.C.
Shares of Waltham, Mass.-based Raytheon Co. slid $1.34 to $63.20.
General Dynamics Corp. of Falls Church, Va., which slid 31 cents, to $85.04.