Exxon Mobil, IBM share losses contribute to Dow's 75-point drop - MarketWatch

The Dow Jones Industrial Average is trading down Thursday afternoon with shares of Exxon Mobil and IBM seeing the biggest losses for the blue-chip average. Shares of Exxon Mobil XOM, -1.86% and IBM IBM, -1.91% have contributed to the index's intraday decline, as the Dow DJIA, -0.42% was most recently trading 75 points lower (-0.3%). Exxon Mobil's shares have dropped $0.92, or 2.0%, while those of IBM are off $2.01, or 1.6%, combining for an approximately 20-point drag on the Dow. Also contributing significantly to the decline are Cisco CSCO, -1.80%, Walt Disney DIS, -1.76%, and Intel INTC, -1.83%. A $1 move in any one of the 30 components of the Dow results in a 6.86-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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http://www.marketwatch.com/story/exxon-mobil-ibm-share-losses-contribute-to-dows-75-point-drop-2020-05-21

2020-05-21 19:47:00Z
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