By MarketWatch Automation
Behind negative returns for shares of American Express and Honeywell International Inc., the Dow Jones Industrial Average is slumping Monday afternoon. The Dow (DOW:DJIA) was most recently trading 835 points (3.0%) lower, as shares of American Express (NYS:AXP) and Honeywell International Inc. (NYS:HON) have contributed to the index's intraday decline. American Express's shares have dropped $6.54, or 6.3%, while those of Honeywell International Inc. are down $9.73 (5.8%), combining for a roughly 107-point drag on the Dow. 3M (NYS:MMM) , Dow Inc. (NYS:DOW) , and Caterpillar (NYS:CAT) are also contributing significantly to the decline. A $1 move in any of the benchmark's 30 components results in a 6.58-point swing.