3M, Coca-Cola share losses lead Dow’s 88-point drop

Dragged down by declines for shares of 3M and Coca-Cola, the Dow Jones Industrial Average is falling Monday afternoon. The Dow
DJIA,
+0.13%
was most recently trading 88 points, or 0.3%, lower, as shares of 3M
MMM,
-2.32%
and Coca-Cola
KO,
-1.04%
are contributing to the blue-chip gauge’s intraday decline. 3M’s shares have fallen $2.49, or 2.6%, while those of Coca-Cola are off $0.85, or 1.5%, combining for a roughly 22-point drag on the Dow. McDonald’s
MCD,
-0.90%,
Procter & Gamble
PG,
-0.61%,
and Visa
V,
-0.73%
are also contributing significantly to the decline. A $1 move in any one of the 30 components of the benchmark 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.

Read the full article here