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Dragged down by losses for shares of Dow Inc. and IBM, the Dow Jones Industrial Average is declining Thursday morning. The Dow DJIA was most recently trading 112 points, or 0.4%, lower, as shares of Dow Inc. DOW and IBM IBM have contributed to the index's intraday decline. Dow Inc.'s shares have declined $1.72, or 3.3%, while those of IBM have dropped $3.77 (2.9%), combining for an approximately 36-point drag on the Dow. Verizon Communications Inc. VZ, Travelers TRV, and Walgreens Boots WBA are also contributing significantly to the decline. 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 July 21, 2022.
(END) Dow Jones Newswires
July 21, 2022 11:47 ET (15:47 GMT)
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