Caterpillar, Goldman Sachs share losses contribute to Dow's nearly 450-point fall

DOW UPDATE

Shares of Caterpillar and Goldman Sachs are posting losses Friday afternoon, propelling the Dow Jones Industrial Average selloff. The Dow was most recently trading 440 points (1.4%) lower, as shares of Caterpillar and Goldman Sachs have contributed to the blue-chip gauge’s intraday decline. Caterpillar’s shares are down $14.79, or 6.1%, while those of Goldman Sachs have declined $15.43, or 4.5%, combining for a roughly 199-point drag on the Dow. Also contributing significantly to the decline are American Express Salesforce and Walt Disney A $1 move in any of the benchmark’s 30 components equates to a 6.59-point swing.

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