Dow's 915-point drop led by losses for Caterpillar, Goldman Sachs stocks

© Marketwatch


Behind declines for shares of Caterpillar and Goldman Sachs, the Dow Jones Industrial Average is slumping Monday afternoon. The Dow was most recently trading 915 points, or 2.7%, lower, as shares of Caterpillar and Goldman Sachs have contributed to the index’s intraday decline. Caterpillar’s shares have dropped $11.01, or 5.5%, while those of Goldman Sachs have declined $17.96 (4.6%), combining for an approximately 191-point drag on the Dow. Also contributing significantly to the decline are JPMorgan Chase Dow Inc. and Travelers A $1 move in any of the benchmark’s 30 components equates to a 6.58-point swing.

Continue Reading