Dow drops nearly 200 points on losses for Cisco, Intel stocks

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Dragged down by losses for shares of Cisco and Intel, the Dow Jones Industrial Average is falling Thursday morning. The Dow DJIA, -0.21% was most recently trading 191 points lower (-0.5%), as shares of Cisco CSCO, -7.84% and Intel INTC, -1.98% are contributing to the blue-chip gauge’s intraday decline. Cisco’s shares are down $4.75 (8.4%) while those of Intel have declined $1.15 (2.3%), combining for an approximately 39-point drag on the Dow. Inc. CRM, -1.35%, Walgreens Boots WBA, -0.13%, and American Express AXP, -1.70% are also contributing significantly to the decline. A $1 move in any one of the 30 components of the benchmark results in a 6.59-point swing.