Dow falls 275 points on losses for Home Depot, American Express stocks

Behind declines for shares of Home Depot and American Express, the Dow Jones Industrial Average is down Thursday morning. Shares of Home Depot
HD,
-2.86%

and American Express
AXP,
-2.59%

are contributing to the index’s intraday decline, as the Dow
DJIA,
-0.59%

was most recently trading 276 points, or 0.8%, lower. Home Depot’s shares are down $10.87, or 3.4%, while those of American Express are down $4.74 (3.2%), combining for an approximately 103-point drag on the Dow. Also contributing significantly to the decline are Caterpillar
CAT,
-2.00%
,
3M
MMM,
-2.22%
,
and Microsoft
MSFT,
-1.64%
.
A $1 move in any one of the 30 components of the index results in a 6.59-point swing.

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