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

MarketWatch logo MarketWatch 1/5/2022 MarketWatch Automation
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DOW UPDATE

Video: Dow falls sharply amid lockdown, lower consumer spending concerns (NBC News)

Dow falls sharply amid lockdown, lower consumer spending concerns
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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. and Microsoft are contributing to the index's intraday decline, as the Dow 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 Apple Inc. and Goldman Sachs A $1 move in any of the benchmark'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.

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