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

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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.
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