Behind losses for shares of Chevron and Dow Inc., the Dow Jones Industrial Average is trading down Tuesday morning. Shares of Chevron CVX, -1.50% and Dow Inc. DOW, -2.74% have contributed to the index’s intraday decline, as the Dow DJIA, -0.73% was most recently trading 102 points (0.3%) lower. Chevron’s shares have fallen $1.43, or 1.4%, while those of Dow Inc. have dropped $0.85, or 1.3%, combining for a roughly 15-point drag on the Dow. Other components contributing significantly to the decline include JPMorgan Chase JPM, -1.73%, IBM IBM, -1.34%, and 3M MMM, -2.48%. A $1 move in any of the Dow’s 30 components results in a 6.58-point swing.
Dow drops 100 points on losses for Chevron, Dow Inc. stocks
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