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Shares of American Express and Honeywell International Inc. are trading lower Monday afternoon, propelling the Dow Jones Industrial Average into a slump. The Dow
DJIA,
-2.88%

was most recently trading 767 points, or 2.8%, lower, as shares of American Express
AXP,
-6.30%

and Honeywell International Inc.
HON,
-5.60%

are contributing to the blue-chip gauge’s intraday decline. American Express’s shares are off $6.39 (6.2%) while those of Honeywell International Inc. have fallen $9.09 (5.4%), combining for an approximately 102-point drag on the Dow. Also contributing significantly to the decline are 3M
MMM,
-5.24%
,
UnitedHealth
UNH,
-4.61%
,
and Dow Inc.
DOW,
-4.98%
.
A $1 move in any one of the 30 components of the index results in a 6.58-point swing.