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Indebta > Markets > Visa, Intel share losses contribute to Dow’s nearly 200-point drop
Markets

Visa, Intel share losses contribute to Dow’s nearly 200-point drop

News Room
Last updated: 2023/05/23 at 3:39 PM
By News Room
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The Dow Jones Industrial Average is falling Tuesday afternoon with shares of Visa and Intel seeing the biggest drops for the index. The Dow
DJIA,
-0.49%
was most recently trading 192 points (0.6%) lower, as shares of Visa
V,
-2.73%
and Intel
INTC,
-2.21%
are contributing to the index’s intraday decline. Visa’s shares are down $7.23, or 3.1%, while those of Intel have fallen $0.64, or 2.1%, combining for an approximately 52-point drag on the Dow. Other components contributing significantly to the decline include Walt Disney
DIS,
-1.82%,
Microsoft
MSFT,
-1.57%,
and Nike
NKE,
-1.10%.
A $1 move in any of the Dow’s 30 components results in a 6.59-point swing.


Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

Read the full article here

News Room May 23, 2023 May 23, 2023
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