Dow's nearly 450-point fall led by losses in shares of Chevron, Caterpillar

Behind negative returns for shares of Chevron and Caterpillar, the Dow Jones Industrial Average is seeing a selloff Tuesday afternoon. Shares of Chevron
CVX,
-2.44%

and Caterpillar
CAT,
-2.52%

have contributed to the index’s intraday decline, as the Dow
DJIA,
-0.96%

was most recently trading 442 points lower (-1.4%). Chevron’s shares have declined $4.78, or 2.9%, while those of Caterpillar are off $5.46, or 2.9%, combining for a roughly 67-point drag on the Dow. Also contributing significantly to the decline are Boeing
BA,
-1.94%
,
Dow Inc.
DOW,
-2.82%
,
and 3M
MMM,
-1.25%
.
A $1 move in any of the Dow’s 30 components equates to a 6.59-point swing.

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