Biggest losers are Goldman Sachs and JPMorgan as Dow suffers 200-point decline


Shares of JPMorgan Chase and Goldman Sachs are retreating Friday morning, sending the Dow Jones Industrial Average into negative territory. The Dow DJIA, -1.19% was most recently trading 199 points (0.6%) lower, as shares of JPMorgan Chase JPM, -3.78% and Goldman Sachs GS, -3.67% have contributed to the index’s intraday decline. JPMorgan Chase’s shares are off $3.52, or 2.7%, while those of Goldman Sachs have dropped $8.17, or 2.6%, combining for an approximately 77-point drag on the Dow. Other components contributing significantly to the decline include American Express AXP, -2.62%, Travelers TRV, -4.17%, and Caterpillar CAT, -1.69%. A $1 move in any one of the 30 components of the index equates to a 6.59-point swing.

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