Verizon, American Express share losses contribute to Dow's 62-point drop

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Behind losses for shares of Verizon and American Express, the Dow Jones Industrial Average is declining Thursday morning. The Dow was most recently trading 62 points (0.2%) lower, as shares of Verizon and American Express have contributed to the index’s intraday decline. Verizon’s shares have declined $1.26 (3.3%) while those of American Express are down $4.22 (2.6%), combining for an approximately 36-point drag on the Dow. Also contributing significantly to the decline are Cisco Intel and 3M A $1 move in any one of the 30 components of the benchmark results in 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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