Dow drops 250 factors on losses for 3M, Microsoft shares

Behind losses for shares of 3M and Microsoft, the Dow Jones Industrial Common is buying and selling down Friday afternoon. The Dow
DJIA,
-0.56%
was most lately buying and selling 259 factors (0.8%) decrease, as shares of 3M
MMM,
-2.31%
and Microsoft
MSFT,
-1.35%
have contributed to the index’s intraday decline. 3M’s shares are down $3.59, or 2.9%, whereas these of Microsoft are down $4.42, or 1.7%, combining for a roughly 53-point drag on the Dow. Intel
INTC,
-1.23%,
Honeywell Worldwide Inc.
HON,
-1.21%,
and Cisco
CSCO,
-1.19%
are additionally contributing considerably to the decline. A $1 transfer in any one of many 30 parts of the benchmark leads to a 6.59-point swing.