Dow falls 425 points on losses for Honeywell, IBM shares

Behind declines for shares of Honeywell and IBM, the Dow Jones Industrial Average is in a selloff Wednesday afternoon. The Dow
DJIA,
-1.26%
was most recently trading 428 points lower (-1.3%), as shares of Honeywell
HON,
-2.99%
and IBM
IBM,
-2.78%
have contributed to the index’s intraday decline. Honeywell’s shares have fallen $7.11, or 3.4%, while those of IBM have declined $4.38, or 3.0%, combining for an approximately 76-point drag on the Dow. Coca-Cola
KO,
-2.74%,
McDonald’s
MCD,
-2.65%,
and Intel
INTC,
-2.65%
are also contributing significantly to the decline. A $1 move in any one of the 30 components of the index results in 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.

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