Dragged down by negative returns for shares of Dow and 3M, the Dow Jones Industrial Average is trading down Tuesday morning. The Dow
DJIA,
-0.59%
was most recently trading 163 points lower (-0.5%), as shares of Dow
DOW,
-2.71%
and 3M
MMM,
-2.11%
have contributed to the blue-chip gauge’s intraday decline. Dow’s shares are down $1.79 (3.4%) while those of 3M are down $2.25, or 2.2%, combining for a roughly 27-point drag on the Dow. Also contributing significantly to the decline are Nike
NKE,
-2.87%,
Chevron
CVX,
-1.96%,
and Goldman Sachs
GS,
-1.94%.
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.