Dow down 65 points on losses in Caterpillar, Boeing shares

Dragged down by declines for shares of Caterpillar and Boeing, the Dow Jones Industrial Average is declining Wednesday morning. The Dow
DJIA,
-0.09%
was most recently trading 65 points (0.2%) lower, as shares of Caterpillar
CAT,
-2.67%
and Boeing
BA,
-1.83%
are contributing to the index’s intraday decline. Caterpillar’s shares are off $6.07 (2.7%) while those of Boeing have declined $5.22 (2.3%), combining for a roughly 74-point drag on the Dow. Also contributing significantly to the decline are American Express
AXP,
-1.85%,
Cisco
CSCO,
-1.46%,
and JPMorgan Chase
JPM,
-0.99%.
A $1 move in any one of the 30 components of the index results in a 6.59-point swing.