Intel, Verizon Communications Inc. Share Losses Contribute To Dow's Nearly 275-point Fall
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Intel and Verizon Communications Inc. are posting losses Friday morning, sending the Dow Jones Industrial Average into negative territory. The Dow DJIA was most recently trading 273 points (0.8%) lower, as shares of Intel INTC and Verizon Communications Inc. VZ have contributed to the blue-chip gauge's intraday decline. Intel's shares have dropped $2.43, or 5.2%, while those of Verizon Communications Inc. are off $1.14, or 2.4%, combining for an approximately 24-point drag on the Dow. Other components contributing significantly to the decline include Walgreens Boots WBA, Visa V, and UnitedHealth UNH. 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 April 29, 2022.
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April 29, 2022 11:47 ET (15:47 GMT)
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