DJ Dow's 111-Point Drop Led By Losses For Salesforce, Cisco Stocks
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The Dow Jones Industrial Average is down Thursday afternoon with shares of Salesforce and Cisco seeing the biggest losses for the index.
The Dow (Dow Jones Industrial Average) was most recently trading 111 points, or 0.3%, lower, as shares of Salesforce (Salesforce Inc.) and Cisco (Cisco Systems Inc.) have contributed to the index's intraday decline.
Salesforce's shares have fallen $8.00 (2.3%) while those of Cisco have fallen $1.20, or 2.0%, combining for an approximately 57-point drag on the Dow.
IBM (International Business Machines Corp.), UnitedHealth (UnitedHealth Group Inc.), and Amgen (Amgen Inc.) are also contributing significantly to the decline.
A $1 move in any one of the 30 components of the benchmark results in a 6.15-point swing.
Data source: Dow Jones Market Data, FactSet. Data compiled November 14, 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
November 14, 2024 12:02 ET (17:02 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
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