Dow drops 132 points on losses in Salesforce, Walt Disney stocks

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DOW UPDATE

Shares of Salesforce and Walt Disney are trading lower Wednesday afternoon, dragging the Dow Jones Industrial Average into negative territory. The Dow was most recently trading 132 points, or 0.4%, lower, as shares of Salesforce and Walt Disney have contributed to the blue-chip gauge’s intraday decline. Salesforce’s shares are off $7.23 (4.5%) while those of Walt Disney have fallen $2.61, or 2.5%, combining for a roughly 65-point drag on the Dow. Other components contributing significantly to the decline include Visa Microsoft and Nike A $1 move in any one of the 30 components of the benchmark equates to a 6.59-point swing.

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