Dow's 50-point drop led by losses for Exxon Mobil, Chevron shares - MarketWatch

Shares of Exxon Mobil and Chevron are trading lower Wednesday afternoon, sending the Dow Jones Industrial Average into negative territory. The Dow DJIA, -0.64% was most recently trading 52 points lower (-0.2%), as shares of Exxon Mobil XOM, -2.90% and Chevron CVX, -2.49% have contributed to the index's intraday decline. Exxon Mobil's shares have fallen $1.21, or 2.5%, while those of Chevron are down $2.04, or 2.2%, combining for a roughly 22-point drag on the Dow. Also contributing significantly to the decline are Boeing BA, -2.92%, Dow Inc. DOW, -2.58%, and JPMorgan Chase JPM, -2.37%. A $1 move in any one of the 30 components of the benchmark 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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https://www.marketwatch.com/story/dows-50-point-drop-led-by-losses-for-exxon-mobil-chevron-shares-2020-06-17?mod=mw_latestnews

2020-06-17 19:00:00Z
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