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,
and Intel
INTC,
have contributed to the blue-chip gauge’s intraday decline, as the Dow
DJIA,
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,
Goldman Sachs
GS,
and Nike
NKE,
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