Dow's 369-point Fall Led By Losses In Shares Of Cisco, Visa
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The Dow Jones Industrial Average is in selloff mode Thursday morning with shares of Cisco and Visa delivering the stiffest headwinds for the index. The Dow DJIA was most recently trading 369 points (1.2%) lower, as shares of Cisco CSCO and Visa V are contributing to the index's intraday decline. Cisco's shares have fallen $5.80, or 12.0%, while those of Visa have declined $4.85 (2.4%), combining for a roughly 70-point drag on the Dow. Other components contributing significantly to the decline include Procter & Gamble PG, Walmart WMT, and Walgreens Boots WBA. A $1 move in any of the index's 30 components equates to a 6.59-point swing.
Data source: Dow Jones Market Data, FactSet. Data compiled May 19, 2022.
(END) Dow Jones Newswires
May 19, 2022 09:46 ET (13:46 GMT)
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