Shares of Intel and Walgreens Boots drag down the Dow Jones Industrial Average
- Shares of Intel and Walgreens Boots are dragging the Dow Jones Industrial Average into negative territory
- Intel’s shares are down 2.1% and Walgreens Boots’ shares have dropped 1.9%
- Contributing to the decline are 3M, Travelers, and Honeywell
- A $1 move in any one of the 30 components of the benchmark equates to a 6.59-point swing
Shares of Intel and Walgreens Boots are seeing declines Wednesday afternoon, dragging the Dow Jones Industrial Average into negative territory. Intel’s shares are off 2.1%, while those of Walgreens Boots have dropped 1.9%, combining for an approximately 8-point drag on the Dow. Also contributing significantly to the decline are 3M, Travelers, and Honeywell. A $1 move in any one of the 30 components of the benchmark equates to a 6.59-point swing.
Factuality Level: 8
Factuality Justification: The article provides factual information about the decline in shares of Intel and Walgreens Boots, as well as the impact on the Dow Jones Industrial Average. The information is sourced from Dow Jones and FactSet, which adds credibility to the report. However, the article does not provide any analysis or context beyond the basic facts.
Noise Level: 3
Noise Justification: The article provides basic information about the decline in shares of Intel and Walgreens Boots, but it lacks any thoughtful analysis or insights. It simply reports the numbers and mentions other companies contributing to the decline without providing any context or explanation. The article also includes a note that it was auto-generated by an automation technology provider, which raises questions about the accuracy and reliability of the information.
Financial Relevance: Yes
Financial Markets Impacted: Shares of Intel and Walgreens Boots are seeing declines, contributing to the decline of the Dow Jones Industrial Average.
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Rating Justification: The article discusses the decline in shares of Intel and Walgreens Boots, which has impacted the Dow Jones Industrial Average. However, there is no mention of an extreme event or its impact.
Public Companies: Intel (INTC), Walgreens Boots (WBA), 3M (MMM), Travelers (TRV), Honeywell (HON)
Key People:
Reported publicly:
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