Dow drops nearly 100 points on losses for Goldman Sachs, Intel shares

Behind losses for shares of Goldman Sachs and Intel, the Dow Jones Industrial Average is declining Tuesday afternoon. The Dow
DJIA,
-0.13%
was most recently trading 92 points lower (-0.3%), as shares of Goldman Sachs
GS,
-1.69%
and Intel
INTC,
-1.59%
are contributing to the blue-chip gauge’s intraday decline. Goldman Sachs’s shares have fallen $8.48 (2.7%) while those of Intel have declined $0.61 (1.7%), combining for a roughly 60-point drag on the Dow. Also contributing significantly to the decline are Johnson & Johnson
JNJ,
-1.59%,
Cisco
CSCO,
-0.68%,
and Apple
AAPL,
-1.09%.
A $1 move in any of the index’s 30 components equates to 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