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Shares of American Express and Caterpillar are trading lower Wednesday afternoon, dragging the Dow Jones Industrial Average into negative territory. The Dow DJIA was most recently trading 42 points lower (-0.1%), as shares of American Express AXP and Caterpillar CAT are contributing to the index's intraday decline. American Express's shares are off $3.57 (2.5%) while those of Caterpillar are down $4.58, or 2.4%, combining for an approximately 54-point drag on the Dow. Chevron CVX, Dow Inc. DOW, and Honeywell International Inc. HON are also contributing significantly to the decline. A $1 move in any one of the 30 components of the Dow equates to a 6.59-point swing.
Data source: Dow Jones Market Data, FactSet. Data compiled June 29, 2022.
(END) Dow Jones Newswires
June 29, 2022 12:28 ET (16:28 GMT)
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