Shares of 3M and Travelers are retreating Wednesday afternoon, sending the Dow Jones Industrial Average into negative territory. The Dow
DJIA,
-0.41%
was most recently trading 91 points, or 0.3%, lower, as shares of 3M
MMM,
-2.86%
and Travelers
TRV,
-2.34%
have contributed to the blue-chip gauge’s intraday decline. 3M’s shares have dropped $2.44, or 2.5%, while those of Travelers have declined $3.25, or 1.9%, combining for an approximately 38-point drag on the Dow. Other components contributing significantly to the decline include Home Depot
HD,
-2.36%,
Caterpillar
CAT,
-1.98%,
and Goldman Sachs
GS,
-1.35%.
A $1 move in any one of the 30 components of the Dow results in a 6.59-point swing.
