Salesforce, Verizon Share Losses Lead Dow's 188-point Drop
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The Dow Jones Industrial Average is declining Thursday afternoon with shares of Salesforce and Verizon delivering the stiffest headwinds for the price-weighted average. Shares of Salesforce (CRM) and Verizon (VZ) have contributed to the blue-chip gauge's intraday decline, as the Dow was most recently trading 188 points, or 0.5%, lower. Salesforce's shares are down $15.50 (9.7%) while those of Verizon have declined $0.95 (2.4%), combining for an approximately 108-point drag on the Dow. Other components contributing significantly to the decline include Boeing (BA), JPMorgan Chase (JPM), and Intel (INTC). A $1 move in any one of the 30 components of the benchmark results in a 6.59-point swing.
Data source: Dow Jones Market Data, FactSet. Data compiled December 1, 2022.
(END) Dow Jones Newswires
December 01, 2022 13:06 ET (18:06 GMT)
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