Dow Futures Slip 68 Points Amid Price Weighting Concerns

The Dow Jones Industrial Average futures fell by 68 points before Friday's open, representing a 0.1% decline.

This move was largely due to the index's unusual price weighting, which makes high-dollar shares have a greater impact on the index than lower-priced ones.

A $1 move in any Dow component changes the cash index by about 5.94 points, according to preliminary calculations.

Goldman Sachs and Microsoft contributed significantly to the decline, with Goldman rising $17.03 and Microsoft gaining $6.82 during morning trading on Thursday.

The concentration of point moves in a few high-priced components can dominate the tape, making it difficult to gauge the overall market trend.