Dow's Nearly 175-point Fall Led By Losses For Shares Of IBM, Procter & Gamble
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Behind losses for shares of IBM and Procter & Gamble, the Dow Jones Industrial Average is trading down Tuesday morning. The Dow DJIA was most recently trading 172 points, or 0.5%, lower, as shares of IBM IBM and Procter & Gamble PG are contributing to the blue-chip gauge's intraday decline. IBM's shares are off $4.80 (3.6%) while those of Procter & Gamble are down $3.32, or 2.1%, combining for a roughly 54-point drag on the Dow. Also contributing significantly to the decline are Caterpillar CAT, Merck MRK, and Travelers TRV. A $1 move in any of the benchmark's 30 components equates to a 6.59-point swing.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 11, 2022.
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January 11, 2022 11:02 ET (16:02 GMT)
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