Dow Drops 420 Points On Losses In Goldman Sachs, JPMorgan Chase Shares
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Shares of Goldman Sachs and JPMorgan Chase are trading lower Tuesday afternoon, leading the Dow Jones Industrial Average selloff. The Dow DJIA was most recently trading 420 points (1.2%) lower, as shares of Goldman Sachs GS and JPMorgan Chase JPM are contributing to the index's intraday decline. Goldman Sachs's shares have declined $25.83 (6.8%) while those of JPMorgan Chase have dropped $6.58, or 4.2%, combining for an approximately 214-point drag on the Dow. Other components contributing significantly to the decline include Cisco CSCO, Procter & Gamble PG, and Microsoft MSFT. A $1 move in any one of the 30 components of the benchmark results in a 6.59-point swing.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 18, 2022.
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(END) Dow Jones Newswires
January 18, 2022 14:51 ET (19:51 GMT)
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