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Blame IBM and United Health for the Dow’s 46 Point Drop

Ben Levisohn

10:19 a.m. The Dow Jones Industrial Average erased early gains—and it is all the fault of (IBM) (IBM) and (UNH) (UNH). The Dow Jones Industrial Average has dropped 46.48 points, or 0.2%, to 26,4016.18, while the S&P 500 has fallen 0.1% to 2903.94, so it’s not like the rest of the market is particularly strong. The price-weighted Dow, however, would be up if it weren’t for two stocks: IBM and UnitedHealth.