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 /zigman2/quotes/210598065/realtime DJIA -3.43% was most recently trading 835 points (3.0%) lower, as shares of American Express /zigman2/quotes/203805826/composite AXP -3.51% and Honeywell International Inc. /zigman2/quotes/205583690/composite HON -3.35% 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 /zigman2/quotes/205029460/composite MMM -1.55% , Dow Inc. /zigman2/quotes/203121064/composite DOW -2.98% , and Caterpillar /zigman2/quotes/203434128/composite CAT -4.27% 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.