IBM, Intel share losses contribute to Dow's 200-point drop

By MarketWatch Automation

Shares of IBM and Intel are retreating Friday morning, sending the Dow Jones Industrial Average into negative territory. The Dow /zigman2/quotes/210598065/realtime DJIA +0.97% was most recently trading 206 points lower (-0.7%), as shares of IBM /zigman2/quotes/203856914/composite IBM +1.61% and Intel /zigman2/quotes/203649727/composite INTC -1.47% have contributed to the index's intraday decline. IBM's shares are off $13.95 (10.6%) while those of Intel are off $3.71, or 5.9%, combining for a roughly 116-point drag on the Dow. Cisco /zigman2/quotes/209509471/composite CSCO +2.72% , Honeywell International Inc. /zigman2/quotes/205583690/composite HON +0.54% , and Chevron /zigman2/quotes/205871374/composite CVX +0.69% are also contributing significantly to the decline. A $1 move in any one of the 30 components of the index equates to a 6.58-point swing.

Editor's Note: This story was auto-generated by Automated Insights using data from Dow Jones and FactSet. See our market data terms of use.

/zigman2/quotes/210598065/realtime

Add to watchlist DJIA

Dow Jones Industrial Average

US : Dow Jones Global

31,802.44

+306.14 +0.97%

Volume: 499.58M

March 8, 2021 5:05p

/zigman2/quotes/203856914/composite

Add to watchlist IBM

International Business Machines Corp.

US : U.S.: NYSE

$ 124.81

+1.98 +1.61%

Volume: 7.24M

March 8, 2021 4:00p

P/E Ratio

20.01

Dividend Yield

5.22%

Market Cap

$109.76 billion

Rev. per Employee

$196,163

/zigman2/quotes/203649727/composite

Add to watchlist INTC

Intel Corp.

US : U.S.: Nasdaq

$ 59.85

-0.89 -1.47%

Volume: 33.11M

March 8, 2021 4:00p

P/E Ratio

12.11

Dividend Yield

2.32%

Market Cap

$246.73 billion

Rev. per Employee

$704,042

/zigman2/quotes/209509471/composite

Add to watchlist CSCO

Cisco Systems Inc.

US : U.S.: Nasdaq

$ 47.51

+1.26 +2.72%

Volume: 34.82M

March 8, 2021 4:00p

P/E Ratio

19.89

Dividend Yield

3.12%

Market Cap

$195.26 billion

Rev. per Employee

$636,155

/zigman2/quotes/205583690/composite

Add to watchlist HON

Honeywell International Inc.

US : U.S.: NYSE

$ 207.70

+1.12 +0.54%

Volume: 3.22M

March 8, 2021 4:03p

P/E Ratio

30.94

Dividend Yield

1.79%

Market Cap

$143.68 billion

Rev. per Employee

$316,893

/zigman2/quotes/205871374/composite

Add to watchlist CVX

Chevron Corp.

US : U.S.: NYSE

$ 109.75

+0.75 +0.69%

Volume: 18.03M

March 8, 2021 4:02p

P/E Ratio

N/A

Dividend Yield

4.70%

Market Cap

$210.03 billion

Rev. per Employee

$1.98M