DJ IBM, Procter & Gamble Share Losses Lead Dow's Nearly 150-Point Drop
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Shares of IBM and Procter & Gamble are trading lower Thursday morning, sending the Dow Jones Industrial Average into negative territory.
Shares of IBM (International Business Machines Corp.) and Procter & Gamble (Procter & Gamble Co.) have contributed to the index's intraday decline, as the Dow (Dow Jones Industrial Average) was most recently trading 144 points lower (-0.3%).
IBM's shares have declined $13.22, or 5.2%, while those of Procter & Gamble have declined $2.31, or 1.4%, combining for a roughly 95-point drag on the Dow.
Other components contributing significantly to the decline include Walt Disney (Walt Disney Co.), Caterpillar (Caterpillar Inc.), and Verizon (Verizon Communications Inc.).
A $1 move in any one of the 30 components of the Dow results in a 6.15-point swing.
Data source: Dow Jones Market Data, FactSet. Data compiled March 20, 2025.
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(END) Dow Jones Newswires
March 20, 2025 09:45 ET (13:45 GMT)
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