Dow's 113-point Drop Led By Losses For Shares Of Microsoft, Intel
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The Dow Jones Industrial Average is down Friday morning with shares of Microsoft and Intel delivering the stiffest headwinds for the price-weighted average. The Dow was most recently trading 113 points (0.3%) lower, as shares of Microsoft (MSFT) and Intel (INTC) are contributing to the index's intraday decline. Microsoft's shares are off $6.34 (1.9%) while those of Intel have dropped $0.69, or 1.8%, combining for an approximately 46-point drag on the Dow. Also contributing significantly to the decline are Salesforce (CRM), McDonald's (MCD), and Caterpillar (CAT). A $1 move in any of the Dow's 30 components results in a 6.59-point swing.
Data source: Dow Jones Market Data, FactSet. Data compiled September 15, 2023.
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September 15, 2023 10:16 ET (14:16 GMT)
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