3M, Home Depot Share Losses Lead Dow's 265-point Fall
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Dragged down by negative returns for shares of 3M and Home Depot, the Dow Jones Industrial Average is declining Wednesday morning. The Dow was most recently trading 265 points (0.8%) lower, as shares of 3M (MMM) and Home Depot (HD) have contributed to the blue-chip gauge's intraday decline. 3M's shares are down $2.37 (2.5%) while those of Home Depot have dropped $6.73, or 2.3%, combining for an approximately 60-point drag on the Dow. Other components contributing significantly to the decline include Honeywell (HON), Visa (V), and JPMorgan Chase (JPM). 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 May 31, 2023.
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May 31, 2023 10:48 ET (14:48 GMT)
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