Intel, Amazon.Com Inc. Share Losses Contribute To Dow's Nearly 250-Point Fall

Dow Jones09-06

DJ Intel, Amazon.Com Inc. Share Losses Contribute To Dow's Nearly 250-Point Fall

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Intel and Amazon.com Inc. are retreating Friday morning, sending the Dow Jones Industrial Average into negative territory.

Shares of Intel (Intel Corp.) and Amazon.com Inc. (Amazon.com Inc.) have contributed to the blue-chip gauge's intraday decline, as the Dow (Dow Jones Industrial Average) was most recently trading 246 points lower (-0.6%).

Intel's shares have dropped $0.52, or 2.7%, while those of Amazon.com Inc. are off $4.26, or 2.4%, combining for a roughly 31-point drag on the Dow.

Other components contributing significantly to the decline include American Express (American Express Co.), Boeing (Boeing Co.), and Honeywell (Honeywell International Inc.).

A $1 move in any one of the 30 components of the benchmark equates to a 6.57-point swing.

Data source: Dow Jones Market Data, FactSet. Data compiled September 6, 2024.

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

 

(END) Dow Jones Newswires

September 06, 2024 10:46 ET (14:46 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment