Dow down nearly 250 points on losses for Salesforce.com Inc., Microsoft stocks – MarketWatch

Dragged down by declines for shares of Salesforce.com Inc. and Microsoft, the Dow Jones Industrial Average is falling Wednesday afternoon. Shares of Salesforce.com Inc.
CRM,
-8.28%

and Microsoft
MSFT,
-3.84%

are contributing to the index’s intraday decline, as the Dow
DJIA,
-1.07%

was most recently trading 243 points, or 0.7%, lower. Salesforce.com Inc.’s shares are down $19.85, or 8.0%, while those of Microsoft are off $10.17 (3.1%), combining for an approximately 198-point drag on the Dow. Also contributing significantly to the decline are Nike
NKE,
-2.49%
,
Apple Inc.
AAPL,
-2.66%
,
and Goldman Sachs
GS,
-2.17%
.
A $1 move in any of the benchmark’s 30 components equates to a 6.59-point swing.

Leave a comment

Your email address will not be published. Required fields are marked *