Dow's 85-Point Drop Led By Losses For Shares Of 3M, Nike

Dow Jones2023-10-02

DJ Dow's 85-Point Drop Led By Losses For Shares Of 3M, Nike

This article was automatically generated by MarketWatch using technology from Automated Insights.

Behind negative returns for shares of 3M and Nike, the Dow Jones Industrial Average is declining Monday morning. The Dow was most recently trading 85 points, or 0.3%, lower, as shares of 3M $(MMM)$ and Nike $(NKE)$ have contributed to the index's intraday decline. 3M's shares have dropped $2.72 (2.9%) while those of Nike are off $1.45 (1.5%), combining for a roughly 27-point drag on the Dow. Other components contributing significantly to the decline include Walgreens Boots $(WBA)$, Chevron $(CVX)$, and McDonald's $(MCD)$. A $1 move in any of the Dow's 30 components equates to a 6.59-point swing.

Data source: Dow Jones Market Data, FactSet. Data compiled October 2, 2023.

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October 02, 2023 09:46 ET (13:46 GMT)

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Comments

  • WinnersFund
    2023-10-02
    WinnersFund
    This kinda descriptive article is useless
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