Dow down 250 points: Chevron, Microsoft big losers; just two components in black [MarketWatch]
International Business Machines Corporation (IBM)
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Source: MarketWatch
Microsoft, Chevron share losses contribute to Dow's 250-point drop Dragged down by losses for shares of Microsoft and Chevron, the Dow Jones Industrial Average is down Friday morning. Shares of Microsoft MSFT, -2.10% and Chevron CVX, -1.41% are contributing to the index's intraday decline, as the Dow DJIA, -0.88% was most recently trading 258 points lower (-0.9%). Microsoft's shares have dropped $3.50 (1.9%) while those of Chevron are off $2.06, or 1.9%, combining for an approximately 38-point drag on the Dow. Also contributing significantly to the decline are Exxon Mobil XOM, -1.58% , Visa V, -1.16% , and IBM IBM, -0.88% . A $1 move in any of the Dow's 30 components results in a 6.78-point swing. Editor's Note: This story was auto-generated by Automated Insights using data from Dow Jones and FactSet. See our market data terms of use.
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