Behind negative returns for shares of Dow Inc. and Goldman Sachs, the Dow Jones Industrial Average is seeing a selloff Tuesday morning. The Dow DJIA, -1.01% was most recently trading 420 points lower (-1.5%), as shares of Dow Inc. DOW, -2.52% and Goldman Sachs GS, -2.48% are contributing to the blue-chip gauge’s intraday decline. Dow Inc.’s shares have declined $1.76, or 3.3%, while those of Goldman Sachs have declined $6.00 (2.8%), combining for an approximately 53-point drag on the Dow. Other components contributing significantly to the decline include Apple Inc. AAPL, -1.78%, Caterpillar CAT, -2.03%, and Walgreens Boots WBA, -0.47%. A $1 move in any one of the 30 components of the index equates to a 6.78-point swing.
Dow Inc., Goldman Sachs share losses lead Dow's 420-point drop
Bookmark the permalink.