Dow's 400-point drop led by losses for Caterpillar, Goldman Sachs shares

© Marketwatch

DOW UPDATE

Shares of Caterpillar and Goldman Sachs are trading lower Monday morning, leading the Dow Jones Industrial Average selloff. The Dow was most recently trading 399 points, or 1.2%, lower, as shares of Caterpillar and Goldman Sachs have contributed to the blue-chip gauge’s intraday decline. Caterpillar’s shares are off $7.66, or 3.8%, while those of Goldman Sachs are down $11.31 (2.9%), combining for a roughly 125-point drag on the Dow. JPMorgan Chase Chevron and Intel are also contributing significantly to the decline. A $1 move in any of the index’s 30 components results in a 6.58-point swing.

Continue Reading