Caterpillar, American Express Share Losses Contribute To Dow's 61-point Drop
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Dragged down by losses for shares of Caterpillar and American Express, the Dow Jones Industrial Average is trading down Friday morning. The Dow was most recently trading 61 points, or 0.2%, lower, as shares of Caterpillar (CAT) and American Express (AXP) have contributed to the index's intraday decline. Caterpillar's shares are down $8.01, or 3.3%, while those of American Express have declined $4.59 (2.7%), combining for an approximately 83-point drag on the Dow. Also contributing significantly to the decline are Walt Disney (DIS), Goldman Sachs (GS), and Visa (V). A $1 move in any of the Dow's 30 components results in a 6.59-point swing.
Data source: Dow Jones Market Data, FactSet. Data compiled March 10, 2023.
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March 10, 2023 10:55 ET (15:55 GMT)
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