Dow Being Pulled Lower By Stocks Of Companies That Reported Results

Earnings reports are undercutting the Dow Jones Industrial Average Thursday, as shares of the three components that reported since Wednesday's close are currently the three biggest percentage decliners. Intel Corp.'s stock was the biggest loser, shedding $1.55, or 4.3%. American Express Co. shares shed $1.07, or 1.7%, while Travelers Companies Inc.'s stock lost $1.30, or 1.1%. The $3.92 combined price decline was shaving about 27 points off the price of the Dow, which was down 35 points. All three companies beat earnings expectations, but revenue fell short.