Dow down 50 points on losses for shares of Caterpillar, Visa

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Behind declines for shares of Caterpillar and Visa, the Dow Jones Industrial Average is down Tuesday afternoon. The Dow DJIA, -0.80% was most recently trading 55 points, or 0.2%, lower, as shares of Caterpillar CAT, -4.36% and Visa V, -2.08% have contributed to the index’s intraday decline. Caterpillar’s shares have dropped $6.25, or 3.2%, while those of Visa have dropped $3.97, or 1.9%, combining for an approximately 67-point drag on the Dow. Boeing BA, -2.42%, Nike NKE, -1.78%, and Intel INTC, -2.19% are also contributing significantly to the decline. A $1 move in any of the index’s 30 components results in a 6.59-point swing.