Dow's 538-point fall led by losses for Home Depot, Travelers shares
Behind negative returns for shares of Home Depot and Travelers, the Dow Jones Industrial Average is in a selloff Tuesday afternoon. Shares of Home Depot HD, -3.07% and Travelers TRV, -3.08% are contributing to…
From the Equity Insider archive. This article dates from May 12, 2021 and is preserved as first published.
Behind negative returns for shares of Home Depot and Travelers, the Dow Jones Industrial Average is in a selloff Tuesday afternoon. Shares of Home Depot HD, -3.07% and Travelers TRV, -3.08% are contributing to the index’s intraday decline, as the Dow DJIA, -1.36% was most recently trading 538 points, or 1.6%, lower.
Behind negative returns for shares of Home Depot and Travelers, the Dow Jones Industrial Average is in a selloff Tuesday afternoon.
Home Depot’s shares have fallen $11.02 (3.2%) while those of Travelers are off $4.91, or 3.0%, combining for an approximately 105-point drag on the Dow. Also contributing significantly to the decline are Chevron CVX, -2.62%, American Express AXP, -2.68%, and UnitedHealth UNH, -2.18%. A $1 move in any one of the 30 components of the Dow equates to a 6.58-point swing.
