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Chevron, Exxon Mobil share losses lead Dow’s nearly 400-point drop

Dow Update

Shares of Chevron and Exxon Mobil are retreating Monday morning, propelling the Dow Jones Industrial Average selloff. Shares of Chevron
CVX
and Exxon Mobil
XOM
have contributed to the index’s intraday decline, as the Dow
DJIA
was most recently trading 397 points (1.6%) lower. Chevron’s shares are off $3.77 (4.3%) while those of Exxon Mobil have declined $1.75, or 4.0%, combining for a roughly 38-point drag on the Dow. American Express
AXP,
Walt Disney
DIS,
and Merck
MRK
are also contributing significantly to the decline. A $1 move in any of the index’s 30 components equates to a 6.86-point swing.


Editor’s Note: This story was auto-generated by Automated Insights using data from Dow Jones and FactSet. See our market data terms of use.

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