The Dow Jones Industrial Average is trading down Wednesday morning with shares of Dow Inc. and Chevron seeing the biggest drops for the price-weighted average. Shares of Dow Inc.
DOW,
and Chevron
CVX,
are contributing to the index’s intraday decline, as the Dow
DJIA,
was most recently trading 275 points (0.9%) lower. Dow Inc.’s shares have fallen $3.09 (5.6%) while those of Chevron are down $7.50, or 4.9%, combining for a roughly 70-point drag on the Dow. Other components contributing significantly to the decline include Nike
NKE,
Caterpillar
CAT,
and Honeywell International Inc.
HON,
A $1 move in any one of the 30 components of the benchmark equates to a 6.59-point swing.
Read More: Dow’s 275-point drop led by losses for shares of Dow Inc., Chevron