Salesforce, Verizon Share Losses Lead Dow's 150-point Drop

Banco Bilbao Vizcaya Argentaria SA

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Financials : Banks | Large Cap Value
Based in Spain

Company profile

Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) is a Spain - based bank. It is a diversified financial company engaged in retail banking, wholesale banking, asset management and private banking. Its segments are: Spain, the United States, Turkey, Mexico, South America and Rest of Eurasia. The activities in Spain are banking activity and Insurance. In the United States it offers services through, BBVA USA and the BBVA New York branch. The Turkey segment is represented by the group Garanti BBVA, an integrated financial services group, that also operate in Holland and Romania. The Mexico segment activities include banking and insurance businesses. In South America, it provides banking and insurance businesses. The Rest of Eurasia segment includes business activity in the rest of Europe and Asia

Salesforce, Verizon Share Losses Lead Dow's 150-point Drop

3:08 pm ET December 1, 2022 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Dragged down by declines for shares of Salesforce and Verizon, the Dow Jones Industrial Average is trading down Thursday afternoon. The Dow was most recently trading 149 points, or 0.4%, lower, as shares of Salesforce (CRM) and Verizon (VZ) have contributed to the index's intraday decline. Salesforce's shares have fallen $13.53 (8.4%) while those of Verizon are down $0.74 (1.9%), combining for a roughly 94-point drag on the Dow. UnitedHealth (UNH), Boeing (BA), and JPMorgan Chase (JPM) are also contributing significantly to the decline. A $1 move in any of the index's 30 components 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 15:08 ET (20:08 GMT)