Friday, August 14, 2020

Cisco, Exxon Mobil share losses contribute to Dow's 150-point drop

 Here is the link. 

Shares of Cisco and Exxon Mobil are trading lower Thursday afternoon, sending the Dow Jones Industrial Average into negative territory. Shares of Cisco CSCO, -0.43% and Exxon Mobil XOM, -0.14% are contributing to the blue-chip gauge's intraday decline, as the Dow DJIA, 0.15% was most recently trading 158 points, or 0.6%, lower. Cisco's shares are down $5.60, or 11.6%, while those of Exxon Mobil are off $1.02, or 2.3%, combining for an approximately 45-point drag on the Dow. Walgreens Boots WBA, 1.48%, Goldman Sachs GS, -0.14%, and American Express AXP, 0.36% are also contributing significantly to the decline. A $1 move in any of the benchmark's 30 components results in a 6.86-point swing.


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