Dow’s 168-point fall led by losses for American Express, Salesforce stocks

Shares of American Express and Salesforce are posting losses Friday morning, dragging the Dow Jones Industrial Average into negative territory. Shares of American Express
AXP,
-3.64%
and Salesforce
CRM,
-1.69%
have contributed to the index’s intraday decline, as the Dow
DJIA,
-0.40%
was most recently trading 168 points, or 0.5%, lower. American Express’s shares have dropped $5.64, or 3.8%, while those of Salesforce are down $4.95 (2.4%), combining for an approximately 70-point drag on the Dow. Other components contributing significantly to the decline include JPMorgan Chase
JPM,
-0.99%,
Microsoft
MSFT,
-1.03%,
and Caterpillar
CAT,
-0.39%.
A $1 move in any of the Dow’s 30 components equates to a 6.59-point swing.