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Dow Update

Aug. 7, 2020, 9:45 a.m. EDT

Exxon Mobil, Chevron share losses contribute to Dow's 100-point fall

By MarketWatch Automation

The Dow Jones Industrial Average is declining Friday morning with shares of Exxon Mobil and Chevron facing the biggest drops for the price-weighted average. The Dow (DOW:DJIA) was most recently trading 101 points (0.4%) lower, as shares of Exxon Mobil (NYS:XOM) and Chevron (NYS:CVX) are contributing to the index's intraday decline. Exxon Mobil's shares have declined $0.74 (1.7%) while those of Chevron are down $1.48, or 1.7%, combining for a roughly 15-point drag on the Dow. Other components contributing significantly to the decline include Caterpillar (NYS:CAT) , Walt Disney (NYS:DIS) , and Boeing (NYS:BA) . A $1 move in any one of the 30 components of the benchmark results in a 6.86-point swing.

Editor's Note: This story was auto-generated by Automated Insights using data from Dow Jones and FactSet. See our market data terms of use.

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