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AmextaFinance > 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.

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News Room May 23, 2023 May 23, 2023
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