Dow Down Nearly 150 Points On Losses For Shares Of UnitedHealth, IBM

Evans Bancorp Inc

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EVBN Evans Bancorp Inc

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Financials : Banks | Small Cap Value

Company profile

Evans Bancorp, Inc. is a financial holding company. The Company conducts its business through its subsidiaries, such as Evans Bank, N.A. (the Bank), which provides a range of banking services to consumer and commercial customers in Western New York and the Finger Lakes Region, and Evans National Financial Services, LLC (ENFS), which hold interests in The Evans Agency, LLC (TEA), which sells various premium-based insurance policies on a commission basis. Its segments include banking activities and insurance agency activities. The banking activities segment includes both commercial and consumer banking services, including a range of lending and depository services as well as offering non-deposit investment products, such as annuities and mutual funds. The insurance agency activities segment includes the activities of selling various premium-based insurance policies on a commission basis, including business and personal insurance, employee benefits, surety bonds, and risk management.

Dow Down Nearly 150 Points On Losses For Shares Of UnitedHealth, IBM

1:46 pm ET January 6, 2022 (MarketWatch) Print

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

The Dow Jones Industrial Average is declining Thursday afternoon with shares of UnitedHealth and IBM seeing the biggest drops for the price-weighted average. Shares of UnitedHealth UNH and IBM IBM are contributing to the blue-chip gauge's intraday decline, as the Dow DJIA was most recently trading 147 points (0.4%) lower. UnitedHealth's shares have fallen $18.60 (3.8%) while those of IBM are down $2.81, or 2.0%, combining for an approximately 141-point drag on the Dow. Walgreens Boots WBA, Apple Inc. AAPL, and Goldman Sachs GS are also contributing significantly to the decline. A $1 move in any of the index's 30 components results in a 6.59-point swing.

Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 6, 2022.

-MarketWatch Automation

(END) Dow Jones Newswires

January 06, 2022 13:46 ET (18:46 GMT)