Dow drops 50 points on losses in shares of Cisco, UnitedHealth

Dragged down by losses for shares of Cisco and UnitedHealth, the Dow Jones Industrial Average is falling Wednesday afternoon. The Dow
DJIA,
-0.11%

was most recently trading 52 points lower (-0.2%), as shares of Cisco
CSCO,
-4.10%

and UnitedHealth
UNH,
-3.55%

have contributed to the blue-chip gauge’s intraday decline. Cisco’s shares have declined $2.09, or 4.1%, while those of UnitedHealth are off $16.95, or 3.4%, combining for a roughly 125-point drag on the Dow. Walgreens Boots
WBA,
-2.15%
,
Walt Disney
DIS,
-1.87%
,
and Intel
INTC,
-1.67%

are also contributing significantly to the decline. A $1 move in any one of the 30 components of the benchmark equates to a 6.59-point swing.