APPLE'S TANKING: Here's what a 1-point move in Apple does to the Dow

Apple is a member of the Dow Jones Industrial Average, the 30-stock market index that aims to be representative of the US economy.

At $121.57 right now,  Apple is down $9.18 or 7.02% since Tuesday's market close. That's taking 61.33 points off the Dow.

How'd we compute that?

The Dow is peculiar in that it's a "price-weighted" index, meaning that stocks with the highest share prices have the most influence on the index's movements.

According to WSJ, the current Dow divisor 0.149677, which...

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