Cisco, Intel share losses contribute to Dow's 100-point fall

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Shares of Cisco and Intel are posting losses Thursday morning, sending the Dow Jones Industrial Average into negative territory. The Dow DJIA, -0.17% was most recently trading 101 points, or 0.3%, lower, as shares of Cisco CSCO, -5.51% and Intel INTC, -1.09% have contributed to the blue-chip gauge’s intraday decline. Cisco’s shares are down $4.67, or 8.2%, while those of Intel are off $0.85 (1.7%), combining for an approximately 36-point drag on the Dow. Visa V, -0.84%, American Express AXP, -1.89%, and IBM IBM, -1.19% are also contributing significantly to the decline. A $1 move in any of the index’s 30 components equates to a 6.59-point swing.