Cisco, Travelers Share Losses Contribute To Dow's 186-point Drop
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Shares of Cisco and Travelers are posting losses Thursday morning, dragging the Dow Jones Industrial Average into negative territory. The Dow DJIA was most recently trading 186 points lower (-0.6%), as shares of Cisco CSCO and Travelers TRV have contributed to the blue-chip gauge's intraday decline. Cisco's shares are down $6.61, or 13.7%, while those of Travelers are off $4.71 (2.7%), combining for a roughly 75-point drag on the Dow. Also contributing significantly to the decline are IBM IBM, Walmart WMT, and Procter & Gamble PG. A $1 move in any of the Dow'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 11:56 ET (15:56 GMT)
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