Boeing, Caterpillar share losses contribute to Dow’s 262-point fall

Shares of Boeing and Caterpillar are trading lower Wednesday afternoon, sending the Dow Jones Industrial Average into negative territory. The Dow
DJIA,
-0.83%
was most recently trading 262 points (0.7%) lower, as shares of Boeing
BA,
-3.40%
and Caterpillar
CAT,
-3.01%
are contributing to the index’s intraday decline. Boeing’s shares have dropped $7.04, or 3.1%, while those of Caterpillar are off $6.86, or 3.0%, combining for an approximately 92-point drag on the Dow. American Express
AXP,
-2.85%,
Goldman Sachs
GS,
-2.07%,
and Apple Inc.
AAPL,
-1.91%
are also contributing significantly to the decline. A $1 move in any one of the 30 components of the benchmark results in a 6.59-point swing.