Boeing shares slide in wake of jet crash in Iran

Shares of U.S. airplane giant Boeing Company declined 1.75 percent Wednesday after its jet crashed after take-off in Iran earlier in the day, killing all on board, according to the New York Stock Exchange.

Shares of Boeing finished at 331.370 points on Wednesday, down by 5.910 points or 1.75 percent from Tuesday, against the backdrop of rising U.S. stocks.

All the 176 passengers and crew members on board the Boeing 737 Ukrainian passenger plane that crashed near Tehran Imam Khomeini International Airport were confirmed dead, Iran's Press TV reported.

Boeing on Wednesday called the crash "a tragic event" and offered to "assist in any way needed," saying it is "in contact with our airline customer and stand by them in this difficult time."