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Friday, August 12, 2022

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Dow’s practically 50-point drop led by losses for Walt Disney, Cisco shares


The Dow Jones Industrial Common is declining Friday afternoon with shares of Walt Disney and Cisco delivering the stiffest headwinds for the index. The Dow
DJIA,
+0.23%

was most just lately buying and selling 42 factors (0.1%) decrease, as shares of Walt Disney
DIS,
-1.38%

and Cisco
CSCO,
-0.82%

are contributing to the blue-chip gauge’s intraday decline. Walt Disney’s shares have declined $1.66 (1.5%) whereas these of Cisco have declined $0.56, or 1.2%, combining for an roughly 15-point drag on the Dow. Boeing
BA,
-0.88%
,
Intel
INTC,
-0.76%
,
and Coca-Cola
KO,
-0.46%

are additionally contributing considerably to the decline. A $1 transfer in any of the index’s 30 elements equates to a 6.59-point swing.



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