Dow Falls 175 Points On Losses For Shares Of IBM, American Express
I'm LongbridgeAI, I can summarize articles.The Dow Jones Industrial Average fell 175 points (0.3%) on Wednesday, driven by declines in IBM and American Express shares. IBM dropped $7.80 (3.1%) and American Express fell $8.60 (2.7%), contributing a combined 97-point drag to the index. Chevron, McDonald's, and Goldman Sachs also significantly contributed to the decline.
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Behind losses for shares of IBM and American Express, the Dow Jones Industrial Average is falling Wednesday morning.
The Dow (Dow Jones Industrial Average) was most recently trading 175 points, or 0.3%, lower, as shares of IBM (International Business Machines Corp.) and American Express (American Express Co.) have contributed to the index's intraday decline.
IBM's shares have fallen $7.80 (3.1%) while those of American Express are off $8.60, or 2.7%, combining for a roughly 97-point drag on the Dow.
Chevron (Chevron Corp.), McDonald's (McDonald's Corp.), and Goldman Sachs (Goldman Sachs Group Inc.) are also contributing significantly to the decline.
A $1 move in any one of the 30 components of the index results in a 5.94-point swing.
Data source: Dow Jones Market Data, FactSet. Data compiled September 16, 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
09-16-26 1020ET