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Shares of 3M and Intel are trading lower Wednesday morning, dragging the Dow Jones Industrial Average into negative territory. The Dow was most recently trading 235 points lower (-0.7%), as shares of 3M (MMM) and Intel (INTC) are contributing to the blue-chip gauge's intraday decline. 3M's shares are off $1.91, or 1.9%, while those of Intel have dropped $0.56, or 1.9%, combining for a roughly 16-point drag on the Dow. Also contributing significantly to the decline are Boeing (BA), Visa (V), and IBM (IBM). 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 24, 2023.
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May 24, 2023 10:49 ET (14:49 GMT)
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