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The Dow Jones Industrial Average is declining Thursday afternoon with shares of Cisco and Walmart seeing the biggest declines for the price-weighted average. Shares of Cisco CSCO and Walmart WMT have contributed to the index's intraday decline, as the Dow DJIA was most recently trading 313 points, or 1.0%, lower. Cisco's shares have declined $7.06 (14.6%) while those of Walmart are off $3.65 (3.0%), combining for an approximately 71-point drag on the Dow. Also contributing significantly to the decline are Travelers TRV, Procter & Gamble PG, and IBM IBM. A $1 move in any one of the 30 components of the Dow 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 12:57 ET (16:57 GMT)
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