Behind losses for shares of Cisco and Salesforce, the Dow Jones Industrial Average is down Friday afternoon. Shares of Cisco
CSCO,
and Salesforce
CRM,
are contributing to the index’s intraday decline, as the Dow
DJIA,
was most recently trading 237 points (0.7%) lower. Cisco’s shares are off $0.94 (1.8%) while those of Salesforce are down $3.34 (1.6%), combining for an approximately 28-point drag on the Dow. Other components contributing significantly to the decline include IBM
IBM,
Caterpillar
CAT,
and Microsoft
MSFT,
A $1 move in any one of the 30 components of the benchmark results in a 6.59-point swing.
Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.
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