American Express, Salesforce share losses lead Dow’s 266-point fall

Behind losses for shares of American Express and Salesforce, the Dow Jones Industrial Average is declining Friday afternoon. The Dow
DJIA,
-0.86%
was most recently trading 266 points (0.8%) lower, as shares of American Express
AXP,
-5.38%
and Salesforce
CRM,
-2.20%
are contributing to the index’s intraday decline. American Express’s shares have fallen $7.34 (4.9%) while those of Salesforce are down $4.96 (2.4%), combining for an approximately 81-point drag on the Dow. Intel
INTC,
-2.10%,
JPMorgan Chase
JPM,
-1.61%,
and Boeing
BA,
-1.50%
are also contributing significantly to the decline. A $1 move in any one of the 30 components of the index results in a 6.59-point swing.