3M, American Express Share Losses Contribute To Dow's Nearly 250-Point Fall

Dow Jones2025-07-19

DJ 3M, American Express Share Losses Contribute To Dow's Nearly 250-Point Fall

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

Shares of 3M and American Express are retreating Friday afternoon, dragging the Dow Jones Industrial Average into negative territory.

The Dow (Dow Jones Industrial Average) was most recently trading 246 points, or 0.6%, lower, as shares of 3M (3M Co.) and American Express (American Express Co.) have contributed to the index's intraday decline.

3M's shares have declined $7.24 (4.6%) while those of American Express have declined $8.89, or 2.8%, combining for a roughly 99-point drag on the Dow.

Also contributing significantly to the decline are UnitedHealth (UnitedHealth Group Inc.), Chevron (Chevron Corp.), and Merck (Merck & Co. Inc.).

A $1 move in any of the index's 30 components results in a 6.15-point swing.

Data source: Dow Jones Market Data, FactSet. Data compiled July 18, 2025.

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July 18, 2025 12:28 ET (16:28 GMT)

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