Connect with us

Hi, what are you looking for?

Markets

Dow’s 90-point fall led by losses for shares of Intel, Walgreens Boots

Shares of Intel and Walgreens Boots are trading lower Thursday afternoon, sending the Dow Jones Industrial Average into negative territory. The Dow
DJIA,
-0.11%
was most recently trading 90 points lower (-0.3%), as shares of Intel
INTC,
-5.52%
and Walgreens Boots
WBA,
-2.66%
are contributing to the blue-chip gauge’s intraday decline. Intel’s shares have dropped $1.83, or 6.3%, while those of Walgreens Boots are down $0.84 (2.7%), combining for a roughly 18-point drag on the Dow. Also contributing significantly to the decline are Verizon
VZ,
-2.93%,
Amgen
AMGN,
-1.74%,
and Dow
DOW,
-1.85%.
A $1 move in any one of the 30 components of the Dow 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Your email address will not be published.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 Dilantha De Silva is an experienced equity analyst and investment researcher with over 10 years in the investment...