Goldman Sachs, JPMorgan Chase Share Losses Contribute To Dow's 82-point Drop
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Dragged down by negative returns for shares of Goldman Sachs and JPMorgan Chase, the Dow Jones Industrial Average is declining Wednesday afternoon. Shares of Goldman Sachs (GS) and JPMorgan Chase (JPM) are contributing to the index's intraday decline, as the Dow was most recently trading 82 points (0.3%) lower. Goldman Sachs's shares are down $7.21 (2.3%) while those of JPMorgan Chase have declined $1.66, or 1.5%, combining for a roughly 58-point drag on the Dow. Other components contributing significantly to the decline include Verizon Communications Inc. (VZ), Walt Disney (DIS), and Coca-Cola (KO). A $1 move in any of the benchmark's 30 components results in a 6.59-point swing.
Data source: Dow Jones Market Data, FactSet. Data compiled October 5, 2022.
(END) Dow Jones Newswires
October 05, 2022 13:08 ET (17:08 GMT)
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