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Markets Now: Dow Drops 207 Points as Caterpillar, Chevron Slide

Want to know why the Dow Jones Industrial Average is doing what it's doing? 1:59 p.m. There's no relief for the markets today, and a new set of tariffs is to blame. The Dow Jones Industrial Average has slumped 207.16 points, or 0.8% to 224,712.50, with Boeing (BA), Caterpillar (CAT), Chevron (CVX) and 3M (MMM) accounting for more than half the drop.