Cisco, Travelers Share Losses Contribute To Dow's 286-point Drop
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The Dow Jones Industrial Average is declining Thursday morning with shares of Cisco and Travelers delivering the stiffest headwinds for the index. Shares of Cisco CSCO and Travelers TRV are contributing to the blue-chip gauge's intraday decline, as the Dow DJIA was most recently trading 286 points (0.9%) lower. Cisco's shares are down $6.42, or 13.3%, while those of Travelers have dropped $5.97 (3.4%), combining for a roughly 82-point drag on the Dow. Other components contributing significantly to the decline include Procter & Gamble PG, IBM IBM, and Walmart WMT. A $1 move in any one of the 30 components of the Dow results in a 6.59-point swing.
Data source: Dow Jones Market Data, FactSet. Data compiled May 19, 2022.
(END) Dow Jones Newswires
May 19, 2022 10:56 ET (14:56 GMT)
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