---
title: "Dow's Nearly 550-Point Drop Led By Losses In Shares Of American Express, 3M"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/278153119.md"
description: "The Dow Jones Industrial Average experienced a significant drop of nearly 550 points, primarily due to losses in shares of American Express and 3M. American Express shares fell by 2.4%, while 3M shares declined by 2.3%, contributing to a combined 68-point decrease in the index. Other companies like JPMorgan Chase, Caterpillar, and Visa also played a role in the decline. The Dow was trading 545 points, or 1.1%, lower during the selloff."
datetime: "2026-03-06T18:42:55.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/278153119.md)
  - [en](https://longbridge.com/en/news/278153119.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/278153119.md)
---

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# Dow's Nearly 550-Point Drop Led By Losses In Shares Of American Express, 3M

This article was automatically generated by MarketWatch using technology from Automated Insights.

Dragged down by declines for shares of American Express and 3M, the Dow Jones Industrial Average is in selloff mode Friday afternoon.

Shares of American Express (American Express Co.) and 3M (3M Co.) have contributed to the blue-chip gauge's intraday decline, as the Dow (Dow Jones Industrial Average) was most recently trading 545 points, or 1.1%, lower.

American Express's shares are down $7.42, or 2.4%, while those of 3M are down $3.60 (2.3%), combining for an approximately 68-point drag on the Dow.

JPMorgan Chase (JPMorgan Chase & Co.), Caterpillar (Caterpillar Inc.), and Visa (Visa Inc. Cl A) are also contributing significantly to the decline.

A $1 move in any one of the 30 components of the index results in a 6.16-point swing.

Data source: Dow Jones Market Data, FactSet. Data compiled March 6, 2026.

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

03-06-26 1342ET

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