February 15, 2023

Dow's 150-point drop led by losses in Chevron, Intel stocks

Shares of Chevron and Intel are trading lower Wednesday morning, sending the Dow Jones Industrial Average into negative territory. The Dow
DJIA,
-0.42%
was most recently trading 153 points (0.4%) lower, as shares of Chevron
CVX,
-1.45%
and Intel
INTC,
-0.38%
are contributing to the blue-chip gauge’s intraday decline. Chevron’s shares have dropped $2.19, or 1.3%, while those of Intel are down $0.28 (1.0%), combining for a roughly 16-point drag on the Dow. Boeing
BA,
-0.78%,
Honeywell
HON,
-0.50%,
and Dow
DOW,
-0.66%
are also contributing significantly to the decline. A $1 move in any of the benchmark’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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