Exxon Mobil, Chevron share loss

  • Weekly Giveaway for our active users. N50,000 per Week. Do you want to contribute to this community? We are looking for contribution? What is hot right now? Sign up and get in on the ground floor of the newest, fastest growing Nigerian forum!

Paul iyang

Member
May 6, 2020
46
6
8
18
The Dow Jones Industrial Average is falling Friday morning with shares of Exxon Mobil and Chevron seeing the biggest losses for the blue-chip average. The Dow DJIA, -0.03% was most recently trading 136 points, or 0.6%, lower, as shares of Exxon Mobil XOM, +0.09% and Chevron CVX, -1.91% are contributing to the index's intraday decline. Exxon Mobil's shares are off $0.99 (2.2%) while those of Chevron have dropped $1.92 (2.1%), combining for an approximately 20-point drag on the Dow. Also contributing significantly to the decline are Caterpillar CAT, -1.39%, Boeing BA, -1.05%, and Cisco CSCO, +0.58%. A $1 move in any one of the 30 components of the benchmark results in a 6.86-point swing.