Microsoft, Salesforce Inc. share losses contribute to Dow's 83-point fall – MarketWatch

Microsoft, Salesforce Inc. share losses contribute to Dow's 83-point fall – MarketWatch

Microsoft, Salesforce Inc. share losses contribute to Dow's 83-point fall – MarketWatch 0 0 Alan Dickson

Shares of Microsoft and Salesforce Inc. are trading lower Thursday afternoon, dragging the Dow Jones Industrial Average into negative territory. The Dow DJIA, -0.87% was most recently trading 83 points (0.3%) lower, as shares of Microsoft MSFT, -1.04% and Salesforce Inc. CRM, -2.63% are contributing to the blue-chip gauge’s intraday decline. Microsoft’s shares have fallen $5.83, or 2.3%, while those of Salesforce Inc. have fallen $3.51, or 2.2%, combining for an approximately 62-point drag on the Dow. IBM IBM, -0.43%, Chevron CVX, -1.43%, and Visa V, -1.20% are also contributing significantly to the decline. A $1 move in any one of the 30 components of the index 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.
As the Fed prepares to kick its balance-sheet runoff into high gear, some are worried that thinning Treasury-market liquidity could create a perfect storm.

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