By WSJ Staff
The Dow Jones Industrial Average was underperforming other major indexes midday Thursday, losing around 1.6%, or more than 700 points.
The biggest reasons? Falling shares of Goldman Sachs, Caterpillar and Sherwin-Williams. The blue-chip index of 30 stocks is price-weighted, meaning higher-cost shares swing the index more. The three stocks above all cost at least $330 or more, combining to subtract more than 220 points from the Dow on Thursday.
That contrasts with the S&P 500, which weights companies by market value. The broader index was down about 0.8%.
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(END) Dow Jones Newswires
March 05, 2026 11:35 ET (16:35 GMT)
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