Dow drops 85 points on losses for Caterpillar, Amgen shares

Behind negative returns for shares of Caterpillar and Amgen, the Dow Jones Industrial Average is falling Tuesday morning. The Dow
DJIA,
+0.38%
was most recently trading 85 points lower (-0.3%), as shares of Caterpillar
CAT,
-6.65%
and Amgen
AMGN,
-2.85%
have contributed to the blue-chip gauge’s intraday decline. Caterpillar’s shares are off $14.24 (5.9%) while those of Amgen are off $10.17, or 3.9%, combining for a roughly 161-point drag on the Dow. Other components contributing significantly to the decline include Apple
AAPL,
+0.28%,
Walgreens Boots
WBA,
-0.09%,
and Boeing
BA,
+2.45%.
A $1 move in any one of the 30 components of the Dow results in a 6.59-point swing.