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Chevron, Exxon Mobil share losses lead Dow's nearly 400-point drop - MarketWatch

Shares of Chevron and Exxon Mobil are retreating Monday morning, propelling the Dow Jones Industrial Average selloff. Shares of Chevron CVX, -2.82% and Exxon Mobil XOM, -2.82% have contributed to the index's intraday decline, as the Dow DJIA, -1.51% was most recently trading 397 points (1.6%) lower. Chevron's shares are off $3.77 (4.3%) while those of Exxon Mobil have declined $1.75, or 4.0%, combining for a roughly 38-point drag on the Dow. American Express AXP, -2.55%, Walt Disney DIS, -3.73%, and Merck MRK, -2.62% are also contributing significantly to the decline. A $1 move in any of the index's 30 components equates to 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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http://www.marketwatch.com/story/chevron-exxon-mobil-share-losses-lead-dows-nearly-400-point-drop-2020-04-20

2020-04-20 13:45:00Z
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