Dow heads for first triple-digit loss since the election
The Dow Jones Industrial Average slumped 132 points, with about 6 minutes left in the regular session, putting it on track to suffer its first triple-digit loss, and only the fourth-decline, since before the election. Of the Dow's 30 components, 21 are selling off, led by the 2.4% drop in Caterpillar Inc.'s stock and the 2.1% slide in Exxon Mobil Corp.'s shares . The biggest gainer was Goldman Sachs Group Inc.'s stock, which rose 0.5%. The Dow was still up 1,447 points, or 7.9%, since the election.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.