Dow's 300-point drop led by losses for Goldman Sachs, Travelers stocks

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Behind negative returns for shares of Goldman Sachs and Travelers, the Dow Jones Industrial Average is falling Tuesday afternoon. The Dow
DJIA,
-0.95%

was most recently trading 302 points lower (-0.9%), as shares of Goldman Sachs
GS,
-6.73%

and Travelers
TRV,
-4.55%

have contributed to the index’s intraday decline. Goldman Sachs’s shares are off $25.77 (6.9%) while those of Travelers are down $9.01 (4.7%), combining for an approximately 229-point drag on the Dow. Verizon
VZ,
-2.17%
,
3M
MMM,
-2.07%
,
and Dow
DOW,
-1.88%

are also contributing significantly to the decline. A $1 move in any one of the 30 components of the index equates to a 6.59-point swing.


Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.