Shares of 3M and Travelers are retreating Wednesday afternoon, sending the Dow Jones Industrial Average into negative territory. The Dow DJIA was most recently trading 91 points, or 0.3%, lower, as shares of 3M MMM and Travelers TRV have contributed to the blue-chip gauge’s intraday decline. 3M’s shares have dropped $2.44, or 2.5%, while those of Travelers have declined $3.25, or 1.9%, combining for an approximately 38-point drag on the Dow. Other components contributing significantly to the decline include Home Depot HD, Caterpillar CAT, and Goldman Sachs GS. A $1 move in any one of the 30 components of the Dow results…
Read the full article here
