Behind declines for shares of Honeywell and IBM, the Dow Jones Industrial Average is in a selloff Wednesday afternoon. The Dow
was most recently trading 428 points lower (-1.3%), as shares of Honeywell
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
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.