Dow flat despite losses for shares of Verizon, Cisco

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DOW UPDATE

The Dow Jones Industrial Average is relatively flat Friday morning with shares of Verizon and Cisco facing the biggest setback for the blue-chip average. The Dow was most recently trading 28 points, or 0.1%, lower, as shares of Verizon and Cisco are contributing -2% of the blue-chip gauge’s intraday movement. Verizon’s shares have declined $0.49 (1.2%) while those of Cisco are down $0.57 (1.2%), combining for a roughly 7-point drag on the Dow. A $1 move in any of the index’s 30 components 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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