January 19, 2023

Dow down nearly 175 points on losses in shares of Home Depot, 3M

Shares of Home Depot and 3M are trading lower Thursday afternoon, sending the Dow Jones Industrial Average into negative territory. The Dow
DJIA,
-0.47%
was most recently trading 171 points lower (-0.5%), as shares of Home Depot
HD,
-3.15%
and 3M
MMM,
-2.80%
have contributed to the index’s intraday decline. Home Depot’s shares are off $9.92 (3.1%) while those of 3M are off $3.21 (2.6%), combining for a roughly 87-point drag on the Dow. Also contributing significantly to the decline are American Express
AXP,
-2.08%,
Caterpillar
CAT,
-1.97%,
and Nike
NKE,
-1.49%.
A $1 move in any of the index’s 30 components equates to a 6.59-point swing.

Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

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