Dow's nearly 50-point drop led by losses for Walt Disney, Cisco stocks

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The Dow Jones Industrial Average is declining Friday afternoon with shares of Walt Disney and Cisco delivering the stiffest headwinds for the index. The Dow DJIA, +0.21% was most recently trading 42 points (0.1%) lower, as shares of Walt Disney DIS, -1.34% and Cisco CSCO, -0.80% are contributing to the blue-chip gauge’s intraday decline. Walt Disney’s shares have declined $1.66 (1.5%) while those of Cisco have declined $0.56, or 1.2%, combining for an approximately 15-point drag on the Dow. Boeing BA, -0.95%, Intel INTC, -0.72%, and Coca-Cola KO, -0.43% 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.