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Updated · MarketWatch · May 7Dow Jones Industrial Average falls 403 points
13 articles · Updated · MarketWatch · May 7
- By Thursday afternoon, the index was down 0.8%, with Caterpillar and JPMorgan Chase accounting for about 243 points of the slide.
- Caterpillar fell 3.4% and JPMorgan 2.4%, while Merck, Goldman Sachs and American Express also weighed heavily on the 30-stock benchmark.
- The drop deepened from losses of 100 points earlier and 275 points later in the day, after the Dow had failed to hold above the 50,000 mark.
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