Shares of Intel and IBM are posting losses Monday morning, leading the Dow Jones Industrial Average selloff. The Dow DJIA, -0.55% was most recently trading 322 points lower (-1.1%), as shares of Intel INTC, -4.61% and IBM IBM, -2.80% have contributed to the index’s intraday decline. Intel’s shares have dropped $2.05 (4.3%) while those of IBM have declined $3.84 (3.0%), combining for a roughly 39-point drag on the Dow. Also contributing significantly to the decline are Amgen Inc. AMGN, -1.98%, Visa V, -2.04%, and Coca-Cola KO, -2.47%. A $1 move in any of the benchmark’s 30 components equates to a 6.58-point swing.
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