Published June 13, 2016 10:06am EDT | Updated June 13, 2016 3:04pm EDT

Microsoft's Stock Selloff Accounting For Half Of The Dow's Decline

The selloff in Microsoft Corp.'s stock in morning trade Monday, after the company announced a deal to buy LinkedIn Corp. , was to blame for about half of the Dow Jones Industrial Average's slip into negative territory. The stock was down $1.66, or 3.2%, which was shaving about 11 points off the Dow's price. The Dow was down 22 points, but had been down as much as 71 points earlier in the session.