Caterpillar, Merck Share Losses Contribute To Dow's Nearly 300-Point Drop
I'm LongbridgeAI, I can summarize articles.The Dow Jones Industrial Average dropped nearly 300 points, falling 0.6% or 293 points, driven by declines in major components. Caterpillar and Merck shares retreated significantly, contributing approximately 152 points to the index's decline. Other notable contributors to the drop included Nike, Chevron, and Goldman Sachs.
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Shares of Caterpillar and Merck are retreating Monday morning, dragging the Dow Jones Industrial Average into negative territory.
The Dow (Dow Jones Industrial Average) was most recently trading 293 points, or 0.6%, lower, as shares of Caterpillar (Caterpillar Inc.) and Merck (Merck & Co. Inc.) are contributing to the blue-chip gauge's intraday decline.
Caterpillar's shares are off $22.21, or 2.6%, while those of Merck are down $3.45, or 2.4%, combining for an approximately 152-point drag on the Dow.
Nike (Nike Inc. Cl B), Chevron (Chevron Corp.), and Goldman Sachs (Goldman Sachs Group Inc.) are also contributing significantly to the decline.
A $1 move in any of the index's 30 components equates to a 5.94-point swing.
Data source: Dow Jones Market Data, FactSet. Data compiled October 5, 2026.
This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.
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10-05-26 0946ET