The 250-point downturn in Dow was driven by a loss in American Express, Intel shares

Shares of American Express and Intel are posting a loss Monday morning, sending the Dow Jones Industrial Average into negative territory. Shares of American Express AXP,
-3.55%
and Intel INTC,
-2.94%
has contributed to the intraday decline of the index, such as the Dow DJIA,
-0.67%
recently they were trading 254 points, or 0.8%, lower. American Express shares are off $ 4.74 (3.8%) while Intel shares are down $ 2.12, or 3.7%, coming together to pull around 45 points on the Dow. Contributing significantly to the decline is Goldman Sachs GS,
-3.14%,
Nike NKE,
-2.37%,
and Visa V,
-1.94%.
A $ 1 move in any of the 30 parts of the index will result in a 6.58-point swing.

Editor’s Note: This story was automatically created by Automated Insights using data from Dow Jones and FactSet. See our Market Data Terms of Use.

.Source