3M, Caterpillar share losses contribute to Dow's 216-point drop

Shares of 3M and Caterpillar are posting losses Thursday morning, dragging the Dow Jones Industrial Average into negative territory. Shares of 3M MMM, -0.27% and Caterpillar CAT, +0.07% are contributing to the index’s intraday decline, as the Dow DJIA, +0.47% was most recently trading 216 points (0.8%) lower. 3M’s shares are off $3.75 (2.4%) while those of Caterpillar are down $2.35 (2.0%), combining for an approximately 41-point drag on the Dow. UnitedHealth UNH, -0.64%, Walgreens Boots WBA, -0.44%, and IBM IBM, +0.23% are also contributing significantly to the decline. A $1 move in any one of the 30 components of the benchmark equates to a 6.78-point swing.

Editor’s Note: This story was auto-generated by Automated Insights using data from Dow Jones and FactSet. See our market data terms of use.

More from MarketWatch

Read More Here...

Bookmark the permalink.

Comments are closed.