Shares of Intel and Apple Inc. are trading lower Friday afternoon, dragging the Dow Jones Industrial Average into negative territory. The Dow DJIA, -0.41% was most recently trading 54 points (0.2%) lower, as shares of Intel INTC, -6.30% and Apple Inc. AAPL, -1.59% have contributed to the index’s intraday decline. Intel’s shares have dropped $3.19 (6.3%) while those of Apple Inc. have fallen $1.99 (1.6%), combining for an approximately 34-point drag on the Dow. Also contributing significantly to the decline are Chevron CVX, -1.38%, Amgen Inc. AMGN, -1.19%, and American Express AXP, -1.24%. A $1 move in any of the Dow’s 30 components results in a 6.58-point swing.
Editor’s Note: This story was auto-generated by Automated Insights using data from Dow Jones and FactSet. See our market data terms of use.