Apple, Cisco share losses contribute to Dow’s 216-point drop

The Dow Jones Industrial Average is falling Thursday morning with shares of Apple and Cisco seeing the biggest losses for the price-weighted average. Shares of Apple
AAPL,
-3.23%
and Cisco
CSCO,
-1.75%
have contributed to the index’s intraday decline, as the Dow
DJIA,
+0.03%
was most recently trading 216 points, or 0.7%, lower. Apple’s shares have dropped $4.14 (2.9%) while those of Cisco have declined $1.10, or 2.5%, combining for an approximately 35-point drag on the Dow. Also contributing significantly to the decline are Visa
V,
-2.37%,
Salesforce
CRM,
-1.09%,
and Walt Disney
DIS,
-1.97%.
A $1 move in any of the Dow’s 30 components results in a 6.59-point swing.