Shares of all 30 components of the Dow Jones Industrial Average were losing ground in premarket trading Thursday, amid growing concerns of more aggressive Federal Reserve tightening and after following JPMorgan Chase & Co.’s disappointing results. Dow futures slumped 419 points, or 1.4%. JPMorgan’s stock dropped 2.4% ahead of the open, after the banking giant missed second-quarter profit expectations and said it was suspending share repurchases to build reserves. Cisco Systems Inc.’s stock was the second-biggest Dow loser, shedding 2.1% after J.P. Morgan downgraded the networking company to neutral from overweight. The most active Dow stock was Apple Inc.’s , which fell 1.0%, while Intel Corp.’s stock was the best performer with a 0.3% decline.
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