January 20, 2023

Dow flat despite losses for shares of Verizon, Cisco

DOW UPDATE

The Dow Jones Industrial Average is relatively flat Friday morning with shares of Verizon and Cisco facing the biggest setback for the blue-chip average. The Dow was most recently trading 28 points, or 0.1%, lower, as shares of Verizon and Cisco are contributing -2% of the blue-chip gauge’s intraday movement. Verizon’s shares have declined $0.49 (1.2%) while those of Cisco are down $0.57 (1.2%), combining for a roughly 7-point drag on the Dow. A $1 move in any of the index’s 30 components results in a 6.59-point swing.

Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

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