Dow drops 489 points on losses for shares of Microsoft, Inc.

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Dragged down by declines for shares of Microsoft and Inc., the Dow Jones Industrial Average is in selloff mode Tuesday morning. The Dow was most recently trading 489 points lower (-1.4%), as shares of Microsoft and Inc. are contributing to the blue-chip gauge’s intraday decline. Microsoft’s shares have fallen $9.23 (3.1%) while those of Inc. have declined $8.03 (2.9%), combining for an approximately 114-point drag on the Dow. Other components contributing significantly to the decline include Walt Disney Goldman Sachs and Boeing A $1 move in any one of the 30 components of the benchmark equates to a 6.58-point swing.

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