Connect with us

Hi, what are you looking for?

Markets

Dow’s 86-point fall led by losses for shares of Johnson & Johnson, Intel

Dragged down by declines for shares of Johnson & Johnson and Intel, the Dow Jones Industrial Average is falling Monday morning. Shares of Johnson & Johnson
JNJ,
-1.97%
and Intel
INTC,
-1.15%
have contributed to the blue-chip gauge’s intraday decline, as the Dow
DJIA,
-0.43%
was most recently trading 86 points lower (-0.3%). Johnson & Johnson’s shares have dropped $5.04, or 2.9%, while those of Intel are down $0.48 (1.5%), combining for a roughly 36-point drag on the Dow. Caterpillar
CAT,
-1.20%,
Goldman Sachs
GS,
-1.48%,
and Nike
NKE,
-1.84%
are also contributing significantly to the decline. A $1 move in any one of the 30 components of the index results in a 6.59-point swing.

Read the full article here

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

News

This article was written by Follow Andrew Hecht is a 35-year Wall Street veteran covering commodities and precious metals. He runs the investing group...

Videos

Watch full video on YouTube

News

This article was written by Follow Daniel is an avid and active professional investor. He runs Crude Value Insights, a value-oriented newsletter aimed at...