American Express, Chevron Share Losses Contribute To Dow's 85-point Fall
This article was automatically generated by MarketWatch using technology from Automated Insights.
The Dow Jones Industrial Average is trading down Wednesday morning with shares of American Express and Chevron seeing the biggest drops for the index. Shares of American Express (AXP) and Chevron (CVX) have contributed to the blue-chip gauge's intraday decline, as the Dow was most recently trading 85 points (0.3%) lower. American Express's shares have declined $2.98, or 1.9%, while those of Chevron have declined $2.76 (1.7%), combining for an approximately 38-point drag on the Dow. Other components contributing significantly to the decline include Visa (V), Nike (NKE), and Goldman Sachs (GS). A $1 move in any one of the 30 components of the index equates to a 6.59-point swing.
Data source: Dow Jones Market Data, FactSet. Data compiled May 10, 2023.
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May 10, 2023 11:53 ET (15:53 GMT)
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