Dow's 300-point drop led by losses for Goldman Sachs, Travelers stocks

Behind negative returns for shares of Goldman Sachs and Travelers, the Dow Jones Industrial Average is falling Tuesday afternoon. The Dow
DJIA,
-1.05%

was most recently trading 302 points lower (-0.9%), as shares of Goldman Sachs
GS,
-6.05%

and Travelers
TRV,
-4.93%

have contributed to the index’s intraday decline. Goldman Sachs’s shares are off $25.77 (6.9%) while those of Travelers are down $9.01 (4.7%), combining for an approximately 229-point drag on the Dow. Verizon
VZ,
-2.16%
,
3M
MMM,
-1.93%
,
and Dow
DOW,
-2.04%

are also contributing significantly to the decline. A $1 move in any one of the 30 components of the index 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.