Dow's 537-Point Drop Led By Losses For IBM, Caterpillar Shares

Dow Jones04-25

DJ Dow's 537-Point Drop Led By Losses For IBM, Caterpillar Shares

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

The Dow Jones Industrial Average is in selloff mode Thursday morning with shares of IBM and Caterpillar delivering the stiffest headwinds for the price-weighted average. Shares of IBM $(IBM)$ and Caterpillar $(CAT)$ are contributing to the blue-chip gauge's intraday decline, as the Dow was most recently trading 537 points, or 1.4%, lower. IBM's shares are off $16.86 (9.2%) while those of Caterpillar have declined $26.51 (7.3%), combining for an approximately 285-point drag on the Dow. Microsoft $(MSFT)$, undefined $(AMZN)$, and Dow $(DOW)$ are also contributing significantly to the decline. A $1 move in any of the Dow's 30 components results in a 6.57-point swing.

Data source: Dow Jones Market Data, FactSet. Data compiled April 25, 2024.

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April 25, 2024 09:45 ET (13:45 GMT)

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