Dow’s 237-point drop led by losses for Cisco, Salesforce shares

Behind losses for shares of Cisco and Salesforce, the Dow Jones Industrial Average is down Friday afternoon. Shares of Cisco
CSCO,
-1.55%
and Salesforce
CRM,
-1.50%
are contributing to the index’s intraday decline, as the Dow
DJIA,
-0.65%
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,
-1.33%,
Caterpillar
CAT,
-1.22%,
and Microsoft
MSFT,
-1.38%.
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.