DJ Dow's 100-Point Drop Led By Losses In Shares Of Procter & Gamble, Honeywell
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Shares of Procter & Gamble and Honeywell are trading lower Monday afternoon, dragging the Dow Jones Industrial Average into negative territory.
Shares of Procter & Gamble (Procter & Gamble Co.) and Honeywell (Honeywell International Inc.) are contributing to the blue-chip gauge's intraday decline, as the Dow (Dow Jones Industrial Average) was most recently trading 107 points lower (-0.3%).
Procter & Gamble's shares have dropped $4.42, or 2.7%, while those of Honeywell have dropped $4.73, or 2.1%, combining for an approximately 56-point drag on the Dow.
Other components contributing significantly to the decline include Nike (Nike Inc. Cl B), Coca-Cola (Coca-Cola Co.), 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 January 6, 2025.
This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
January 06, 2025 15:48 ET (20:48 GMT)
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