Dow Inc., Cisco share losses contribute to Dow's 50-point drop

view original post

© Marketwatch

DOW UPDATE

Behind losses for shares of Dow Inc. and Cisco, the Dow Jones Industrial Average is falling Wednesday afternoon. Shares of Dow Inc. and Cisco have contributed to the blue-chip gauge’s intraday decline, as the Dow was most recently trading 53 points lower (-0.2%). Dow Inc.’s shares are off $1.98 (3.4%) while those of Cisco have fallen $1.18 (2.2%), combining for a roughly 21-point drag on the Dow. Merck American Express and Walgreens Boots are also contributing significantly to the decline. A $1 move in any one of the 30 components of the index equates to a 6.58-point swing.

Continue Reading