Dow, American Express share losses lead Dow’s 318-point fall

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Shares of Dow and American Express are posting losses Tuesday afternoon, dragging the Dow Jones Industrial Average into negative territory. Shares of Dow DOW and American Express AXP have contributed to the index’s intraday decline, as the Dow DJIA was most recently trading 318 points, or 0.9%, lower. Dow’s shares are off $2.58, or 4.7%, while those of American Express have fallen $3.82 (2.4%), combining for an approximately 42-point drag on the Dow. Other components contributing significantly to the decline include Intel INTC, Nike NKE, and Caterpillar CAT. A $1 move in any of the benchmark’s 30 components results in…

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