Dow's nearly 825-point drop led by losses in Caterpillar, Goldman Sachs shares

© Marketwatch


The Dow Jones Industrial Average is slumping Monday afternoon with shares of Caterpillar and Goldman Sachs delivering the stiffest headwinds for the blue-chip average. The Dow was most recently trading 822 points, or 2.4%, lower, as shares of Caterpillar and Goldman Sachs have contributed to the blue-chip gauge’s intraday decline. Caterpillar’s shares have declined $10.27, or 5.1%, while those of Goldman Sachs are off $16.90 (4.3%), combining for a roughly 179-point drag on the Dow. Other components contributing significantly to the decline include JPMorgan Chase Dow Inc. and Walt Disney A $1 move in any one of the 30 components of the Dow results in a 6.58-point swing.

Continue Reading