Dragged down by declines for shares of Cisco and Visa, the Dow Jones Industrial Average is falling Tuesday afternoon. Shares of Cisco CSCO, -2.00% and Visa V, -1.56% have contributed to the index’s intraday decline, as the Dow DJIA, -0.26% was most recently trading 125 points lower (-0.4%). Cisco’s shares have dropped $1.31 (2.5%) while those of Visa have fallen $3.28, or 1.5%, combining for an approximately 30-point drag on the Dow. Also contributing significantly to the decline are Microsoft MSFT, -1.12%, JPMorgan Chase JPM, -1.10%, and American Express AXP, -1.14%. A $1 move in any of the index’s 30 components results in a 6.59-point swing.
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