Coca-cola, IBM Share Losses Contribute to Dow's Nearly 300-point Drop

Dow Jones02:05

DJ Coca-Cola, IBM Share Losses Contribute To Dow's Nearly 300-Point Drop

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

The Dow Jones Industrial Average is declining Friday afternoon with shares of Coca-Cola and IBM facing the biggest declines for the price-weighted average.

The Dow (Dow Jones Industrial Average) was most recently trading 296 points, or 0.6%, lower, as shares of Coca-Cola (Coca-Cola Co.) and IBM (International Business Machines Corp.) are contributing to the index's intraday decline.

Coca-Cola's shares are down $3.98, or 4.7%, while those of IBM are off $6.68, or 3.1%, combining for an approximately 63-point drag on the Dow.

Alphabet Inc. Cl A (Alphabet Inc. Cl A), Amgen (Amgen Inc.), and Walt Disney (Walt Disney Co.) are also contributing significantly to the decline.

A $1 move in any of the index's 30 components results in a 5.94-point swing.

Data source: Dow Jones Market Data, FactSet. Data compiled July 17, 2026.

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July 17, 2026 14:05 ET (18:05 GMT)

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